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I am under contract for a duplex in Syracuse, NY, built in 1925 and have received three different insurance quotes; all having significantly different dwelling replacement costs.Purchase Price: $155,000Quote 1 - $292,...
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I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
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I'm moving out of my house hack soon and planning to rent half the units out long term and rent the other half out mid term. I'm going to start gathering investment property quotes this week but wondering if anyone ha...
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A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...
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I am under contract for my first multifamily deal, a 20-unit property in Charleston MSA. I am doing some forecasting and wanted to get some thoughts on what people budget annually per unit for repairs (including unit ...
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I am pursing the BRRRR methods and delayed financing looks like a better option than cash back refinance. So that I can properly estimate my costs and fees. What are the typical closing costs when you do delayed fin...
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Does anyone have a Repair estimate sheet, or repair calculation sheet i can use to calculate repairs, thanks I'm new to flipping and would like to become great at it, please help! thanks
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Hello, We are looking to buy our second investment property in Missouri. Our first property was a 4-plex, and it was purchased through a conventional loan. Towards the final steps of the process, the lender indicated ...
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Hi everyone,
I'm pretty new here. Recently bought two properties (single and a duplex) in Detroit MI. Looking to insure them (under my llc). I got a quote for $550/m for both. Seems high. It is up to $1m for each pr...
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Hello,I purchased a duplex in November of 2021, we've made some small repairs but it was mostly about getting the tenants out so we could start the rehab (scheduled for January). For 2021, I know it would be pretty ea...