Bryan L.
Worth the fight fight
After reviewing our latest renewal it seem our replacement value's have gotten out of line and our insurance company doesn't seem to want to do anything about it. The built-in 3-4% inflation rate increase really adds...
Niko Crowley
Should I keep tenants or find my own?
Hi All,Long time follower, first time poster. I close on my second multi-family home at the end of December. One unit is vacant and the other is rented at $1250 a month, which is well below market value for a 3-bedr...
Quinlan Moran
My First Deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $175,000
Cash invested: $40,000
Single family residence, 3 bed, 2 bath, 1740sqft
What made you interested ...
Christopher McGuire
How does section 8 determine what rent you are entitled to?
I don't have any section 8 rentals at this time but I am looking into it as the numbers appear good on the surface.FMR for 2015 in my county is $950 for a three bedroom house according to the Section 8 website.http://...
Julie Muse
Doubling the Value: Dearborn St Success in Hobart!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,200
Cash invested: $32,000
Sale price: $212,000
Contributors:
Peter Vekselman
Partner Driv...
Account Closed
Bubbles and Crashes in Residential Real Estate
There is increasingly frequent chatter about a real estate bubble and impending crash. I think projections like this are often misguided and counterproductive. Here are a few thoughts and I would love to hear what o...
Mitchell P.
Raising rents on month-to-month mobile home lot leases (Ontario)
I'm evaluating a mobile home park in my area right now. The lot rents are half of what comparable parks are charging. The agent said that the tenants are month to month. I'm not sure if there are or ever were leases i...
Maureen F.
Maximizing Section 8 Rent -- Boston (Dorchester/Roxbury)
My son has a 3-unit house under agreement with a S. 8 tenant in a 3BR unit. (He will owner-occupy one of the units.) It's in the Dorchester/Roxbury area, I guess we could call it a C+/B- area. The current owner jus...
Frank S.
Construction Costs Trends in Chicago - June 2022
Hi BP Heads,
I have a duplex down, kitchen, bath, and garage project in mind in the north area ( I had been postponing for a few years) and kitchen/bath, aesthetics renovation in Little Village. Have the constructi...
Andy S.
Insurance for Apartments in California
My insurance for a 15 unit apartment that I own in California went up from $3500/year to 10k to 12k/year.Are you guys seeing a big increase in California?Would love to connect with any insurance broker who deals with ...