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Good morning and happy Monday BP!I'm shopping around for insurance on my first potential investment property (small multi fam). What are some must haves or requirements for your policies on your rental properties? Al...
I found a property that cash flows nicely but there is a $3000/yr flood insurance premium. The area is under-market value for the area and is developing. I just wanted to get some feed back from people who may have be...
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I am currently rehabbing my primary at the moment with plans to rent out this fall. I am doing mostly cosmetic fixes to a SFH currently. I am looking for thoughts on whether I should be proactive with replacing a 20yr...
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Family owns a property in NYC. We are thinking about selling it and investing in Tampa through a 1031 Exchange. What areas in Tampa do you recommend for a decent cash flow. We want to buy single family homes for rent....
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Hello there,I am thinking of buying my first rental in Florida (either Orlando or Tampa), however I was warned by a friend who bought a few months ago and had to spend 3000$ on landlord insurance. He said that there a...
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I'm looking to invest in the Orlando Real Estate. How is the market looking right now? I've seen a lot people worry about the cost of insurance.
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I have found a duplex that seems to fit the 2% (rent * 50) rule but the actual profit doesn't seem worth the effort.
Asking Price $35K
Total Rent: $750/month
Expenses per year
Taxes: $923
Insurance: $1200 (estimated...
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I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
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So I was on the phone with my closing agent to discuss how soon we can close a REO I'm buying. She asked me, "Who is paying title." This brought up a serious of questions in my head."Does she mean title insurance? Tit...
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Scenario: we purchased two properties from the same seller on the same day. Houses went through probate already. We closed with title agency and got title insurance. We're now reselling one of the houses and have foun...