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I just received my Foremost insurance policy for our STR Lake house.We have replacement cost insurance, but the amount seems low in today's costs to rebuild. Our Lake lot is a good chunk of the value but still I wonde...
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Good Evening, I have a what seems like easy question but the more I dig it is very complicated. Here we go. I have lived in my house for a few year and currently have it mortgaged. My neighbor recently put his house...
I bought a two-family house. Each unit has four large bedrooms, plus dining room, parlor room, etc., and is over 2000 square feet (per unit -- the house is 4000+ total). The units are well maintained and have lots of ...
Hey all,I'm a real estate newbie and I wanted some ballpark cost estimates (maybe 20K range?) on a project I want to do. The property is a ~12 foot wide and ~33 foot deep 1914 brick rowhome in Baltimore City. I want t...
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Looking at a deal that is an old brick commercial building converted to a triplex. Have not been in the property yet but I’m assuming it needs a full rehab. It’s about 3,000 square ft with a 2/1 and two 1/1 units. Bui...
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Hello,
I've been analyzing many repair estimates, and contractor bids. It seems repairs can be estimated on the age of the home, and the square footage.
However my question is - How do I decide which materials (base...
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Hey guys! First time posting on the BP forum and looking forward to your responses. I found a triplex (zoned RSA-5) and after running the numbers it runs with the three units but it kills with four. I was thinking of ...
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I’m new to BP and real estate from an investor point, but the research phase is over and I’m looking to jump into the game! We have found a number of homes that seem to have potential for great cash flow after a conve...
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I have come across an off market property that has a finished top level, and the bottom level is a converted finished living space without pulling permits. It used to be a bare concrete garage. Can it be grandfathered...
Hello all:
I wanted to reach out to the BP family to gain some insight into the self-storage world. My family has a property that would be a great fit for self-storage units. Does anyone have any literature they woul...