I'm under contract for my first multi-unit property in the Metro Denver area. It's a 9 unit building, and the process is going well so far. The building is older (1940's), but with a mix of newly updated units and s...
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I tried searching around here but couldn't find a good answer.
I will be contacting my insurance company to switch my current insurance to a rental property vs. my primary home.
My renter has agreed to ...
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I’m under contract on a 4 plex in a town that gets hit with hurricanes from time to time. Anyone have any suggestions on how much home owners insurance I should carry. I am borrowing from a bank, and will carry a m...
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Okay, so we had an inspector come out to my fathers home that is very distressed. We own the land and home free and clear so we do have investment in it.
However, it looks like ( from the initial inspection), we hav...
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Hi all,I've been a lurker on the forums for some time - I finally made the plunge and made an offer and I am under contract on a triplex in a coastal city in Florida! This is a very unique property, and I have some c...
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Hello BP. Looking for some advice and contacts. I have a lead on a 46 unit building. The story is that it has been underperforming for a while. Its two 23 unit buildings. A fire recently damaged the top floor of one o...
I am in the process of selling a duplex I purchased in '06. During a recent appraisal they mentioned that they couldn't find if it could be replaced if destroyed; turns out the zoning was changed in '08 and the city d...
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I've located a property with a very dated home that I would like to tear down and rebuild. Im having trouble locating any loan programs that would work for this type of situation. Also if anyone has experience with te...
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So, I'm just curious about this very unique situation. I'm not personally interested in buying at this price, but just wondering about responsibility of the seller. This is just for learning purpose. Long story to set...
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Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...