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Here are the numbers and Data:
1918 Duplex6 Bed/2 Baths2,281 sq.ftBanks Asking Price: $99,000My Offering Price: $75,000Estimated Rehab: $50,000Estimated Closing Cost: $3,000ARV: $220,000 (Conservative Estimate by mul...
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I have been reading rich dad poor dad and he seems to separate expenses and liabilities into two different columns. I guess they are two different things ? For some reason I see them as the same thing since they both ...
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Looking for feedback on the assumptions I'm using for a buy and hold 4 unit multi-family analysis in the Midwest (Cincinnati). Each of the 4 units rent at $500/mo and are 1BR/1Ba. Separate electrical and heat. Owner w...
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Does any have any recommendations for Landlord Insurance? I got a quote for property and I think its pretty high but I'm not sure how this compares to other polices. The rebuild value is 191,000, deductible $5,000,lia...
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We own seven multifamilies, with about 18 units, in a town where the cost of rebuilding is double what the properties are currently worth (even though they're all mostly renovated, in good shape, and bringing in an ex...
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Just trying to get a sense of how much insurance rate variation there is in different markets. I realize underwriters take location into consideration among other things but I'm curious what other owners of multis wit...
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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...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Hello everyone. I have a question about using the calculator. I have found a property t...
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Hello BP fam, I'm in need of some guidance. This is my first time looking into a owner finance and I'm trying to figure out if it's a smart move and what else it would entail to ensure a good deal...
A neighbor acr...
Hi all,Not sure if this is a uniquely Florida question, but here in Florida you cannot obtain property insurance on a home until a four-point inspection is completed by an insurance company. Then the inspector gives ...