Rahul Handa
Paid off property RISK
Hey guys, i just want to know if its too risky to ever pay off your mortage. I’ve been lots of research on this topic because all i want to do is own 5 paid off rentals and retire early. That is my goal but i have rea...
Seth M.
Need Help with Refinancing Options
Hi everyone,
I purchased a property via 2nd lien foreclosure in Los Angeles County. I am going to be an owner occupant in this property. I am having trouble finding a lender who will allow me to cash out the differe...
Cameron Moore
Is Your Roof ACTUALLY Covered On Your Insurance?
Obviously everyone knows that the roof is included in most policies with the exception of Wind/hail Exclusions but are you aware of your deductible? ACV or RC? A new roof can cost anywhere from $9000-$30000 depending ...
Account Closed
Insurance
Hello, I've been practicing with numbers on the rental analyzer and need help with a closer number to use for insurance on a duplex, tri or quad. Sq ft has been between 3400 to 5000. Areas is Park Ridge, Des Plaines, ...
Ryan Sanders
I think this is a good deal...if financed correctly
A duplex in my area is listed for 197,000. The following information is provided: "This duplex has been totally renovated inside and outside! The kitchens have new cabinets, new counter tops, and new appliances. Th...
Mark Schwab
1% Rule and Cash Flow
I'm curious as to whether anyone is getting decent cash flow at 1% of purchase price? Or more specifically, is it possible to find good quality single family homes or duplex's (at least in an up and coming '"C" clas...
Heidy Fernandez
Landlord Liability Insurance
HiI have few rental properties free and clear. However the Landlord insurance is too expensive. Any advice? Can I buy Liability only? Do you recommend an agent?Thanks
James Free
How do we figure out insurance limits?
I'm interested in starting a discussion on easy ways to figure out appropriate amounts of dwelling and liability coverage to purchase for a rental property in a given area. I don't see a lot in terms of resources for ...
Will F.
South Florida Real Estate Invsting? Ft Lauderdale, Weston areas or beyond?
Hi I was wondering if anyone has recommendations for areas that are good for buy and hold / cash-flow / income properties in South Florida. What are areas that are undervalued or that have potential?I'm looking for s...
Keegan Darby
Deal or no deal?
Thoughts on this deal: Single family home in class C area. Purchase price: $102k
Market rent: $1,100/month
Interest and insurance: $110/month
Will likely appraise at $145k I’m debating buying this to hold it cash...