Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
Hello All!
I must admit to having lurked on this site quit a bit --- but not posting much. Call me the shy type :D
Therefore you don't know much about me and I'll need to lay quite a bit out for you ...
I'm interested in utilizing the BRRRR strategy in these markets. What are the downsides, and are they enough that they should dissuade me from trying? "PS, one last example. There is a profound difference between K...
In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount. It used to be mostly LTV and appraisal, now it's the 1.2 DSCR, so in that way rent is becoming the limiting fa...
If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...
Hello, I am looking to buy my first rental property and of course I am priced out of the New York City and Hudson Valley regions. Was wondering if anyone had any advise on buying in Bighamton or Syracuse? My father is...
More duplexes for sale. More 4 plexes for sale. More properties I’m getting outbid on. My numbers tell me what to bid, but what are these other people’s numbers telling them?!I’m a standard 20% down, 5% interest, 25 y...
Hey guys how do you think this Bailout will mess with our ability to
Negotiate with Banks and Sellers? Too early to tell? Any thoughts what floor on prices will result? Are 2nd's protected by this bill? ...
Hello BP family,
Here in Texas we have come across yet another magnificent property. We have built a relationship with a seller of a multifamily property with 7-9 bedrooms, in an area that is underway for vast develo...
I told them when they moved in the hot tub and AC were luxury items that came with the house, but if they break I would not be repairing or replacing them. I can't recoup the cost of a 15K hot tub replacement by raisi...