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Insurance confusion first multi as a rental
I am in contract for my first rental and plan to rent all the units out. I am having trouble finding a responable quote, and also on what exactly I need as far as coverage goes. I had a quote from 21st century for 10...
Bruce Arellano
[Calc Review] Help me analyze this deal
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Quillan Houser
Topeka, KS SFH BRRRR
Investment Info:
Single-family residence buy & hold investment in Topeka.
Purchase price: $56,500
Cash invested: $38,691
Contributors:
Manny Herron
One of my favorite homes we've ...
Cale Delaney
First Multi-Family Deal
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lake Worth.
Purchase price: $400,000
Cash invested: $44,000
Just closed on a 4 plex in Lake Worth Beach, FL. This is my fi...
Rich Cavanagh
Natural disasters and your PM
I've read a lot of threads that list what to look for in a property manager. What they take care of and how they take care of it basically. There isn't a whole lot that I have found on how PM's and their owners handle...
Nicole Williams
Owner wants to sell using QCD's:How to Wholesale?
I have a great property package that has been presented to me but the owner will only sell the properties using QCD's because there are back taxes on them. I offered to pay the taxes at closing but he is set frim on u...
Daniel Villagra
Knob and tube property. Do you avoid or buy?
Appreciate everyone in the BP community. I’ve been learning from y’all beyond belief!! Thought I’d ask you guys before making a commitment:1) do you avoid properties all-together that have knob and tube wiring? 2) if ...
Gabriela Huayhualla
Condo or a single family house for my 1st time REI?
I live in Brooklyn, NY and prices here are high. I’ve been looking in NY and also in Miami, FL but I’m still debating if I should get an 1BR apartment (Condo) or a single family house. Any suggestions? I have 50K save...
James Richter
Wholesaling question involving a deceased owner and over leverage
I am currently in the process of evaluating a deal involving a home that has a balance of two mortgages totaling 61k. the previous owner took out a second mortgage to pay off all of his toys. I find with all the defer...
Samuel George
FHA on 4-unit Quadplex in Indiana
Are there any lenders that will do FHA loans on a 4-unit property in Indiana? We are in a situation where 10% down would be fine but the 20-25% required for these kind of deals would be too much of a stretch. The prop...