Taylor Phillips
H03/Master policy for townhomes
I own an attached townhome in a coastal area and the exterior insurance is covered by the Hoa master policy. Premiums have increased substantially for the coming year for the HOA master policy that covers the common a...
Keegan Darby
FHA Streamline Program
Given the low interest rates, we are looking to do a streamline FHA and take our rate from a 3.625% to a 2.75%, saving $108/month.
However, the principal on the loan would increase by $4800. Is this common for the...
Tony Freeman
Why Security Deposits In Chicago Are A NO NO!
This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...
Andy Bachelier
Recommendations for Tucson HOA lawyers
Hello my girlfriend and I live in a townhome in Tucson AZ and we are having significant HOA issues. No receipts for payments, increased fees, special fees. You name we got it. Does anyone have any advice or firms they...
Ben S.
Kirkwood Apartments - Value Add Investment - Detroit, Michigan
Investment Info:
Large multi-family (5+ units) commercial investment investment in Detroit.
Purchase price: $1,645,000
Cash invested: $475,000
Our firm acquired this property with significant deferre...
Andrea Colfer
How to add value to a 5-plex
Hi Guys, I'm currently working on a deal with a 5-plex building in the package. I will sell off the 5-plex once I have successfully closed on the overall package. (Basically to pay back my initial investors). I'm w...
Account Closed
A Tale of 4 Cities.............turnkeys
It seems the most common low cost turnkey properties are in,Cleveland, Detroit, Memphis & IndianapolisWhich has the lowest taxes ?Which has the greatest potential for increase in value ?Which has the biggest selec...
Thomas C.
Keep Window Units or Upgrade to Mini-Split?
Hey everyone, I have a property I'm considering purchasing and it currently has window units. This is typical for the area, although some (not all) of the renovated homes out there have been converted to central air....
Dom Chit
Decreasing MF operating expenses
We will be acquiring a pair of 11unit 1950s builds. Tenants pay gas and electric. Owner pays water trash sewer. This is billed back via at fer. I was wondering if there were some tips to decrease OE to increase noi. S...
Larry Tran
50% premium increase in Olympia, Washington
Hello everyone,We have a small rental (2 beds, 1 bath 1000 sqft craftman bugalow) in downtown Olympia, WA. My insurance will be renewed Nov 1, 2023. Safeco is the current insurance company and they gave us a new renew...