Andy Sabisch
Question on property insurance type
Quick question . . . . for rentals, would you select a policy that is based on the replacement cost or the actual cash value? Obviously the replacement cost on an older structure is 2X or better what the property mig...
Tzook Bar Noy
1-2% rule, got 1.23% but it still looks like a bad deal
I have a deal that on the bottom line will cost: 85Krent is 1050$ monthly,a year = 12600and expenses:- manegement - 10% rent = 1260- insurance = 800- tax = 1300- fixes 10% = 1260- vacancy 10% = 1260total income = 1260...
Mark S.
To Live Off Rental Income, Some Advice Needed
About two years ago, I sold a business that I created to a large corporation. With those funds - I purchased (in full with cash), numerous investment properties.I focus on nice-sized condos or townhouses in high deman...
Chris Risi
Phoenix REFI-Question on Short Term Rental Property
Hi all,
I bought a property in Phoenix with hard money and after renovation, I'm refinancing right now. It will be used as a short term rental. Does anyone have any advice on which option is best on the loan terms?
...
Chris Taylor
Four Unit Deal Analysis...ready... set... comment...
View report*This link comes directly from our calculators, based on information input by the member who posted.
Chris Coleman
Multi family deals
Hello everyone, my partner and I own 4 buildings comprised of 22 units in the Chicagoland area free and clear. they are fully rented. We also fix and flip single-family homes in higher income sections of chicago.
W...
Ryan Saulle
BRRRR calc questions
Hey BP members!Question about the BRRRR calculator. I am messing around with it to see different results and had a question. Example: I buy a house for 100k with all cash, put 20k rehab costs and i put in ARV of 200k....
Jean Paul Valley
Debt service calculation. what is included?
So I am reviewing the different valuaitons used and have come across debt service. i am wondering what debt service includes, for example is it mortgage, taxes, interest, etc... or is it just mortgage principal?For ex...
Tom Arnold
Is this 4 - Unit a good deal?
Hey all,I have been looking at this 4 unit. The property is located on the space coast of Florida and in a growing beachside community. The property consist of 2 efficiencies and 2 one bedroom/one baths. Current re...
Malcolm Jackson
Life Insurance For Investing
Hello all,
This is my first post in BiggerPockets. I've done some reading and been really looking into getting started with a STR.
I recently was let down by the fact that I would not be able to withdraw early from ...