Matt Friesz
Tri-plex/ Not sure how to use my money options
Hi BP world,
I went and looked at a Tri-plex yesterday. Two units are currently rented, we met the tenants, and they let us in to look at the units, which are in good shape. The other (vacant) unit will have to be r...
Tim Foster
Infinite Banking concept
Just curious if anyone here uses the Infinite Banking concept as a vehicle for holding and using cash for your deals and if so how it has worked for you? Any and all comments from folks who use the concept are apprec...
Diogenes M.
1st R/E investment question - Remote Deal or Local Only?
Hi guys, I'm brand new here (both to R/E investing and w/ BP) and I have a quick question as I'm reviewing deals from all sources. While my plan and financials does include property management for any location - for ...
Chris Blank
How to reduce property insurance premiums?
Hi fellow investors,I have multiple SFH investment properties in NC and it seems like every 6 months the insurance premiums keep creeping up. The property values in our town have seen a sharp rise in the last two year...
Palani (Pono) Wright
How to calculate insurance when analyzing deals
Kind of a rookie question but is there a site or a universal formula to estimate insurance when analyzing deals other than contacting a insurance agent in the specific market?
David Lee
How to figure out what my cash flow is?
I have 4 property's that I rent out and I have 2 that I partner out with my dad. Most of them pretty much fell into our lap. I have never figured out how to figure out what my cash flow would be. I always thought i...
Mary Jay
Do houses not last long in Florida?
Hey guys,I saw few houses in Florida that are for sale but it says that this house wont qualify for financing because it was old, or something like that.Does it mean that houses in Florida not so durable? Thank you
Lamontis Gardner
Quad Analysis: Deal or No Deal
Considering house hacking a Quad with an FHA loan. The purchase price is $325k and rents from 3 tenants will be approx. 2500/month and will jump to about 3600 with all 4 units rented out. The water meter is not curren...
Tim Murphy
Second Investment Purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Norfolk.
Purchase price: $236,000
Cash invested: $60,000
Duplex investment near Old Dominion University in Norfolk, VA.
...
Cameron Moore
Insurance Coverage Basics
First, there are 2 types of Valuations in insurance; RCV (replacement cost value) and ACV (actual cash value). RCV is almost guaranteed to replace your home back at the standard it was before it had a major loss. ACV ...