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First, there are 2 types of Valuations in insurance; RCV (replacement cost value) and ACV (actual cash value). RCV is almost guaranteed to replace your home back at the standard it was before it had a major loss. ACV ...
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Ok, so I am currently searching for a property to BRRRR in Memphis where I currently own 2 properties. I can fund the deal with cash + a 401k Loan or I can use a HML. I can afford to make payments on either and the 40...
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Hello everyone,I have question regarding roof replacement if covered by insurance, is it eligible for depreciation over 27.5 years? My property went in contract as rental in Nov 2021, The roof was replaced in Nov-Dec ...
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Hello all,I am looking to purchase a single family home with an existing ADU (primary choice). Or purchase a multiplex and live in a unit. The purpose of the hack is to have the unit/units pay my mortgage. Or pay the ...
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Hi all! I have not had any luck on finding consistent and reliable handy men who are investor friendly in the Chicago area (who will also not drain you.) Any help? Thanks!
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Bought it last year for $300k, needed $150k to renovate. I raised $200k from a foreign investor to pay for renovations and put some money back in my pocket. In exchange, the investor gets a fixed 5% Interest Only retu...
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I have flipped houses in the past and have worked with investors, however, now I want to buy multi's for some positive CF. Question is: Should I buy a few at a time by paying 25% down? I have enough capital for three ...
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Hi Everyone, I am hoping someone can help clarify some info for me. I opened up an LLC to help manage my rental properties, however I “house hacked” them and therefore the mortgages are under my name, not the company’...
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Hi I’m looking for a multi family , duplex, triplex property to do house hacking for the very first time in Rhode Island. We are planning to stay in the property for 5 years or more. We need your advice where should ...
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I am looking at a side by side duplex in a great neighborhood. There are not many comps that I have been able to find as it is mainly a single family community. I am having trouble determining what to offer/what p...