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I am new to Pro, I am beginning to use the calculators to analyze deals. Are there some rule of thumbs to use on things like the hazard insurance and such? Is it common to have a standard amount for selling and buying...
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Does anyone know how much property insurance costs annually or monthly in the Chicago area for a multi-unit building? I'm getting a quote that comes out to $200 a month in property insurance for a legal 4-unit in McKi...
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I just found out my insurance policy on 2 of my rentals was cancelled due to non payment. This is odd since one of my properties has my insurance payments in escrow on the mortgage so the mortgage company should have ...
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So I was in my old town this weekend enjoying the day and I ran into an old acquaintance. He asked what I was doing now and I told him I had retired and started buying homes to renovate and rent out.
He asked me if ...
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Hello BP Community, my name is Leon Green. I own a property management company in Houston/Austin, TX. We have lots of clients that prefer to own homes in their own name, but there are also some that like to be more ha...
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Hi everyone,New to the real estate investing industry. When looking at a potential deal, how much extra do you include in monthly costs in addition to the mortgage payment? For example, if the mortgage payment on a $1...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $340,000
Cash invested: $35,000
Sale price: $569,000
What made you interested in investing in this type ...
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Hi BP,I've come across a great deal but the property seems to be a foreclosure. Is there any possible way to obtain the property with FHA loan?Thank you in advance,MP
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We have a SFR and a contracting business. Questioning whether to run the rental property through the business or go with a separate LLC mostly for tax benefits personally and for the business-