Kyle Falkenstein
Insurance on Duplex 2500 normal?!?
I’m currently in the process of buying a duplex in Hubert, North Carolina. I’ll be living in one half and renting out the other. I called USAA thinking I’d get a good deal but turns out I’ll be paying around 2500/year...
Tou V.
Northern Cali - 12 unit for 600k?
I'm fairly new to RE investing. Have been looking for MF properties for almost a year now. There just doesn't seem to be any within 200-300 miles which would seem like good investments. I've tried the 50% or 2% ...
Christopher O'Brien
Is renting out individual rooms possible / a good idea?
Hi everyone! I plan on living in Plano, TX for a W-2 job, and I am eager to buy a property in the city. I have been considering trying to leverage an FHA loan; however, there are not many affordable duplexes in the ar...
Michael Hanks
Student loans OR Four-Plex? (Dave Ramsey or BP?)
Hi everyone!So My fiance and I bought a SFH in an A class neighborhood with a VA loan and little down last year when the market was "hot". Needless to say, almost immediately we realized what just happened. We then re...
Laura C.
HELP! Need to sell Flipped Home
I just completed my first flip . . . yay!! The property is located in the Inland Empire, San Bernardino area. I am looking for creative solutions to get it off my books. Short story: It was my first property. I made s...
Sean Stu
What aren't the numbers telling me?
I'm spent a considerable amount of time here and at other sites/books researching and learn about REI. (I have a single townhome rental, that I got 10 yrs ago while in school, LONG before I knew any of what I know). I...
Joseph D.
Coverage Amount - Value of Property or Amount of Mortgage
How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...
Jim K.
Handling evictions properly
Hi guys. I want to start working on my blog here in a bit and write some longer, informed answers to commonly asked questions. One of the main questions I find myself answering for hopeful OOS investors over and over ...
Account Closed
First Apartment deal
I submitted an offer today on a commercial deal. This not the first commercial deal I have looked at, but this deal looks like it will go through.
I've done my preliminary due diligence and reviewed the numbers. ...
Kim H.
Cost to Separate Water Meters
I finally got an answer today on the cost to separately meter my intended 9 unit MF property...$8000 per meter just for the capital recovery fee for the city. Then add on any installation charges. I was shocked t...