James Denon
Property Insurance for a 3 family in Springfield MA
I am buying an old home in Springfield MA Massachusetts. It is a 3 family built in early 1900s. It is fully occupied with good cash flow. Here are the attiributes:-There are some knob and tube wiring in the basement.-...
Kristel Lim
My Homeowners insurance keeps getting cancelled
Hello everyone! Has any one of you experienced getting your homeowners insurance cancelled cause the insurance company thinks its too much risk for them to insure your property? I need help on this as it may potential...
Travis Callaway
6 plex that is a duplex and a 4 plex
Hello yall so I have found a property that I'm interested in buying but I would like to run the numbers to make sure that it will be a good investment. The property has a duplex and a 4 plex. The Duplex consists of on...
Ron Tremblay
Mortgage Payoff question
I have a private mortgage from my parents, 2 years ago, I "prepaid" 12 months of it with a bonus I recieved from work, in order to free up monthly cash flow to rent a (much larger) apartment, also from my parents. I m...
Michele Mason
Insurance for Quad going up from $4700 to $11,000
Hello,We just received our insurance bill for this year for our Quad in St. Petersburg Florida and it's going from $4700 to $11,000. Our city also put a rent control in place and we are also trying to get over the mor...
Scott Royer
Flood Zone Multifamily
I found a completely remodeled duplex at a steal of a price. It meets all of my criteria except one, it is in a flood zone. This flood zone happens to be in and up and coming area around a favorable market.
With the...
Jonathan Orr
Parking Lot Underwriting
Hi BP, have an opportunity to acquire a retail asset and attached parking lot. In the investigation I have determined that because of the area, the parking lot can be a source of revenue. However, I have never unde...
Kristen Owens
Counting every cost
I'm looking to purchase my first property.Goal is to use the BRRRR strategy, but I want to make sure I am counting all the costs accurately. Please tell me if I am missing anything!Purchase price, down payment, rehab ...
Feng Ye
Tornado building code enhancement?
I am looking to buy a house for rental now and living after I retire in a few years, and TN is a good choice in that there's no state income tax and culturally rich. One house in Mt. Juliet caught my attention and I w...
Shu Matsuo Post
Long-distance investors investing in Houston, TX?
Hey fellow investors,
Anyone outside of Texas investing in Houston? I know it's one of the hottest markets - what are the pros and cons of investing there?
Thanks!