I'm working in an area in Denver, Colorado which everyone is tearing down existing homes ($100k - $300K) and putting up $800K - $1.2m homes. I haven't done a deal yet but I've found a few FSBO motivated sellers that ...
First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...
Hey everyone. I've got a good lead on a property in a nice suburb of St. Louis. Recently a lot of home owners are tearing down their 75 year old homes and building huge houses. Taking their value from ~250k to anywher...
Hi guys,
I’m requesting help understanding the utility fees when demolishing a house. I have called the utility companies, but I’m not getting a clear overall picture of the whole process.
If I demolish a house...
We recently 1031'd a rental property for a rental property. After closing, we realized the new rental property is in much worse shape than we originally thought. Can we do a major renovation to the property and write ...
I've read somewhere that true market value is what it would cost to build (replace) the house your looking at.
How realistic is this? If this is so, wouldn't you look at the value of the improvements only when pri...
My insurance agent is being less than forthcoming when it comes to info on homeowners insurance options. I'm trying to compare RC to ACV and she won't give me all of the options. The company has placed too high a valu...
On January 15th my tenant with a (double lung transplant) decided to smoke in bed leading to burning my entire 4 unit building making it uninhabitable. I have insurance and have secured a public adjuster. the home sti...
I am in the process of obtaining landlord insurance for 2 properties:1. 2300 sq. ft. home with 3 car garage and in-ground pool worth ~ 560K2. 504 sq. ft. condo in La La Jolla worth ~ 285K I am getting suggestions on c...
Recommendations for a REASONABLE insurance quote on a 3-family in Meriden? The first handful of quotes that have come my way are honestly absurd.