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We're in negotiations to purchase our first property and its 12 units on 2 acres, low to moderate income houses and duplexes. I'm trying to estimate insurance cost and the current owner has the insurance below value. ...
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I read a book (Invisible Deal) and it recommended only Working on manufactured/mobile homes that were 1985 or newer. Have any of you ever rehabbed and older model?
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Hi,
What's the rule of thumb to decide how much coverage we should buy for residential rental property such as 4plex?
The insurance premimum seems to close correlate with the dwelling coverage. To reduce the premium,...
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Hello BP family. I recently Purchased a a property via short sale in Oceanside California. Paid all cash for it so they obviously did not require a HO policy.The property is a completed Tear down. We are currently dem...
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How much does it typically cost to knock down a property and rebuild in Los Angeles or Orange County? Let's say something between 1500-2000 square feet.
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Experienced BRRRR investors,
Does the "R" in the BRRRR system, which stands for rehabilitation, also cover demolishing properties and constructing new structures? Or is the BRRRR strategy primarily designed for rehab...
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I just finished a rehab that included a total tear down and rebuild of a detached garage. The problem is that the contractor claimed he was unable to match the vinyl siding on the new garage to the house. So now the g...
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I live in the King of Prussia area and have properties in Norristown and Pottstown. This year I have aggressively grown my real estate portfolio and I now own 8 units which are being rented out. This year I did 3 pr...
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Hi, my name is Kareem. I'm a beginner in the flipping business and my aspirations is to rebuild blighted in Chicago neighborhoods and abroad. My initial interest is urban planning, but I also like changing the face of...
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Hi all, I will like to underwrite a potential multifamily deal in a secondary market and would like to factor in the cost of building for a similar unit to understand if I am overpaying or underpaying. I know there ar...