Griffin Myers
How to Estimate Costs When Analyzing a Deal
Hi all, I've started analyzing properties for my first deal. I'm looking in the Cleveland and Pittsburgh areas and have yet to find one duplex that cash flows. How do you come up with estimates for various expenses, s...
Rich Hupper
REO cannot get title insurance
I have come across and REO where the previous owner still resides in the property. I guess the bank never evicted them. Either way the bank is trying to sell it with the people in there. I was told I would not be able...
Theo Anderson
Sell @ 350K or C/O - Refi and start a Rental Empire?
Investment Info:
Condo buy & hold investment in Austin.
Purchase price: $199,900
Cash invested: $40,000
This property was something I stumbled into when reconnecting with my partner C.J. after be...
Tina Rubin
RI Flood areas - any locals know if its a big factor on resale?
I'm wondering the true risk on resale of a RI home in a severe flood warning area (7/10 according to Redfin)? The insurance is roughly $120/month. Is there anything else I should be considering?
Michael Prakash
Landlord insurance quotes in Pennysylvania
I have got insurance quotes on several single family rentals and the insurance company is putting 3 times the market value for insurance rates on the cost to rebuild/ replacement value, how do I shop for reasonable in...
Matt F.
Home Owners Insurance from "no-name" insurance companies
Hi everyone,I have a policy with State Farm on homeowners for one of my rentals, the price is $1400 and most other companies ive quoted (all state, travelers) are around 1200 (so basically the same).I also got a quote...
Andrew Sampino
Revisiting the duplex deal in Dallas, TX
Hi everyone,
I recently posted about a deal that my friend was considering in Dallas, TX; that post is below and labeled "original post". We've looked at the numbers a little more closely and changed up the strategy ...
Drew Wiard
Would you purchase buy-and-holds (Duplex) in a flood plane?
Hey BP nation.....I need your input!In response to y most recent Yellow Letter campaign, I had a owner call me looking to sell a duplex that is in GREAT condition and cashflows VERY well. We have not yet decided on p...
Isaiah Doss
The only dumb question is the one not asked right?
I seriously need help on my current situation. I’m dealing with a seller who doesn’t want to go to a title company or attorney for closing. We’ve agreed on a bond for deed, but my only problem is that he wants to keep...
Gilles D.
Liability issue and optimal tax structure
Hello everyone,I am an overseas investor and own 3 SFH in America.Currently, they are owned in my personal name.I know putting the properties in an LLC, even if it's solely used as a pass through entity, provides me w...