Kaushik R.
Home equity and landlord insurance
The rental (SF) is paid off i.e. I do not have any lien or mortgage on it and there's a tenant.1. I am currently carrying hazard insurance. I can buy landlord insurance without coverage on roof (wind/named storm peril...
Cathy Bourbois
Student rental houses in Ft Collins?
My daughter is a freshman at CSU. I live in San Antonio. I threw out the idea of maybe buying a house for her to live in next year and having her rent out the extra rooms to cover the mortgage. Now she's really in...
Brandon Yuan
Is Special Warranty Deed a Common Practice for Apartment deals?
Is Special Warranty Deed a common practice for multi family apartment deals? That's what the listing broker told me and said I can ask for General Warranty Deed instead but that would put me at disadvantage against ot...
Nate S.
Just got a property under contract and got more problems.
I got a property under contract, they called me needing to get of it. Sellers informed me they're behind backed taxes which is the amount I put the contract under for(Not above the comps calculations max offer). The t...
Phil Begay
Profits in High Tax Rate Cities
Can one make money with rental properties within a city that has a high property tax rate?
Dawn Oree
Insurance - Any Suggestions On A Good Company?
Hello Everyone!I'm about a 13 days from closing on the 7 unit in San Diego and I'm starting to look for an insurance company for the building. I wanted to know if any of you have suggestions on what to look for and t...
Jon K.
What cost basis is used during a sale in this situation?
Let me preface this by saying I have already emailed the same question to my tax guy, but wanted to ask here as well. I am considering selling one of my rentals to the current tenants. This property used to be my prim...
Shahar Joseph
Creative way to encourage a renter to find someplace else
Looking for advice. I’m about to close for a duplex. One tenant has a month to month contract, the other has a contrat until April 2022. I would like to renovate the 2 apartments ASAP. The tenant who’s staying until A...
Christen G.
Insurance on a MFH - overpriced binder?
Hi all,I'm closing on triplex here in the next couple of weeks (yay!) and went to my regular insurance guy to grab a quote/binder. My lender red flagged it for me when the binder came in as the coverage was for a litt...
Steve Maye
Question about depreciation and Prop Analysis Worksheet
I am new. I have been working with the Property Analysis Worksheet and have a question about depreciation. Depreciation is the amount we can claim as a loss each year against our profit. If the property real...