I believe this a topic worth talking about, since most insurance policy do exclude this from their liability clauses. And you never know when you get a similar call. The property in question is an SF...
Hello fellow flippers. I'm doing my research and I'm wondering what's the best way to see more of your profit, the right way of course. I hear 1031 exchanges are the way to go but it doesn't eliminate capital gain tax...
Hi everyone, I am an moving to a new home and planning to rent my condo in San Diego (central Hilcrest walking distance to Balboa Park / Zoo). The condo is modern and basically in perfect shape, completely remodeled 1...
Hello everyone!
I have a few questions regarding some renovations that I am considering for my rental in Pawtucket, Rhode Island.
Currently my units have a lot of old plaster and are not insulated. I am hearing mix...
when calculating your ROI on a rental property - do you eliminate the principal portion of your mortgage payment since you are essentially paying yourself?
For example:
Purchase Price: $174,000
Mortgag...
Hello BP! Looking for mortgage advice. I purchased property about a year ago for $365k. I put 5% down and therefore have PMI at $190/month. Since purchase I have put roughly $80k in upgrades/renovations. The area has ...
Anyone know how to soundproof an up-down 2 family home? I'm located in Rhode Island and my 1st floor tenant is worried about the noise from upstairs, mainly walking around seems to bother them. I have about 8-9 feet...
Hi, I am stuck between if i should use a FHA loan to purchase a MFR, or use the BRRRR strategy in Detroit because of the connections I have there. Just to give you a background story I currently live in NJ and work in...
Yes you own your property and you are in the title, but let's examine , if you really can control the ROI.1- Can you control turnover?- very expensive by the way......my answer ..no2- Can you control the outcome and b...
Hey guys I am getting ready to close on my first 3 unit multi-family in Washington, DC and the house I bought is in need of a full rehab. It has mold and maybe some water damage. However, the structure has great bones...