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Hi all,I'm closing on triplex here in the next couple of weeks (yay!) and went to my regular insurance guy to grab a quote/binder. My lender red flagged it for me when the binder came in as the coverage was for a litt...
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Approximately 4.3 million new apartments will be necessary by 2035 to meet rising demand, according to new research from the National Multifamily Housing Council and National Apartment Association.
The new builds are...
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Scenario 1: Presuming your renter took care of the unit, it can be cleaned and ready to re-rent within a few days. In today's market where I live, if I get notice of a tenant moving out, I will turn on the marketing f...
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Hello all,
I will soon be in the market for a new insurance company for a 4plex. I would like to hear your recommendations. Pros, cons, etc. The property in question has had one claim (theft of copper from...
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First off, let me say I am so happy that I found this forum. I spent most of Friday and most of my morning today reading such informative posts.
Anyway, I am new to all of this and have not so recenlty completed my ...
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I have been notified by my insurance company that they are cancelling my policy due to "the dwelling roof has curling, lifting and granular loss shingles." I had a roofing contractor inspect the roof and give me a quo...
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I am writing this because I see so many post about Midwest properties and while mine was a rather easy (though still sot money) issues to fix not all of these situations will be. Let me start with do you have your tit...
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We're looking into buying a 60+ unit complex where their current marketing is for prospective tenants to pay about half a month's rent with no deposit to get them moved in. I've been a property manager/investor for 1...
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Hi,
I'm wondering what's the best way to know what the vacancy rate is in a particular area, zip code, city, whatever. I've been using Sperlings (www.bestplaces.net), but sometimes I wonder how accurate and up t...
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Hello BP! I'm Erik a 39 year old small business owner (home improvements) from Long Island NY.
Patiently waiting to close on the sale of my first flip. Somewhere along the way I found BP and have been consumed by pod...