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I'm going for an Actual Cash Value policy instead of Replacement Cost.1) Should I get the loss of rent option? Not sure how valuable this is.2) The basic policy doesn't cover water damage. Is water damage coverage a m...
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I know the rules vary from state to state but I am hoping someone from Michigan (mainly Genesee County) may have some advice. My renter in the City of Flint has moved all of her stuff out because we are in the pro...
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Hello everyone,We're looking at a deal and would love some input from some veterans. This is a 10 plex in our town, just five minutes from our house. We would do the property management ourselves at least initially, b...
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Please excuse this bit of a rant that I am about to go on, but I feel there are some things that just have to be said to newbies (and oldies) when it comes to the basics of business. If I miss anything then feel free...
We are in TransitionBeing in real estate, we all know the value of residential and multifamily real estate. The cash-on-cash returns can be great and can provide wealth for generations to come. With that said, what ab...
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My question is around identifying the appropriate General Contractor to renovate an investment property. I am looking to make some moderate renovations to a SFH investment property that includes flooring, kitchen, bat...
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I am considering buying my first rental property and wanted some feedback from people that have done it before. Feel free to tell me it’s a bad idea, give advice, encourage, or tell me your process. Everything helps. ...
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Hey all! My wife and I are opening a business in Minnesota and are running into an interesting hurdle with the required SAC/WAC charges. The situation is unique because our acai bowl store does not require any additio...
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I am trying to make a decision on what to replace the carpet with, damaged due to heavy smokers. Since it was carpet before and I am wanting to do away with carpet upstairs. How would I go about to deduct from tenant'...
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Hi all,
I have a unique situation. Actually they are all unique since I only have one duplex.
Currently I pay for water and sewer and since it’s a duplex I didn’t figure it would make since to pay for separate wate...