Zev Dobuler
Rental property insurance. Replacement or purchase + rehab costs?
I’m purchasing rental properties in Rochester NY but this is a pretty generic question for all locations. What are most investors insuring their rental properties for? Replacement costs or purchase price + rehab + clo...
Joe Prew
How can we avoid paying double the closing costs
If I understand the BRRR method correctly, the first purchase will require a closing cost and then when we refinance the deal, we pay the closing cost again, is that correct? Or is it, that if we pay cash for the hou...
Gordon Starr
My first 1031 exchange - has anyone tried including rehab costs?
Hi BP!I have been growing my portfolio of six houses and a duplex by around one house per year and I like to deal in cash with no mortgage. Problem is, I am a bit short on ready cash to continue growing. This forces m...
Stop whatever you are doing and download this episode right now!
Today’s show is highly likely to change your life in ways you may not have even realized it needed changing! Brandon and David sit down for an amazin...
Nick Shri
As an Investor should I ask for Closing Cost from Seller?
I have been scoping some MLS listings lately and have found some potential properties with numbers working. Do you as an investor ask for closing cost from the Seller? My numbers skew a little left if I pay full closi...
Jessica Hood
Initial cost/Renovation cost/Cushion Ratio?
When considering your budget, is there any general rule of thumb for the percentage of money you spend to buy a property vs the percentage for renovations vs the excess left for cushion/emergencies? I will have a set...
Mary Jay
How much is approximately would be closing costs on a cash deal
Lets say someone buys an apartment complex for 6 ml for cash.How much should they add for the closing costs if no loan needed?Thank you
Erika F.
Profit Margin
I am trying to determine if there is an industry standard profit margin for real estate investors. Is there a standard percentage of profit that you look for when evaluating a deal?
i.e. When evaluating a deal, al...
Ivan Velazquez
Buying a multi family lot
Hello everyone,
I see not many new multifamily places popping up here in Phoenix.. I've been thinking of buying a lot that is zoned MF and building a basic duplex. This would be a long term play and the idea is th...
Account Closed
Creative Financing - Subto - Seller Financing - Now More Than Ever, Here's Why
Did you know that if you buy a $400,000 property . . .
In a typically bank financing scenario you put down 20% or $80,000 and finance $320,000 for 30 years the Principal and Interest at 7% is $2,129 and over 30 year...