Phil C.
Insurance on a 4-unit - Commerical Policy?
I am purchasing a 4-unit building and requested a quote for the building. My state-farm agent has told me that over 2 units I need a commercial policy and a separate commercial liability umbrella (I already have 1MM ...
Ryan D
Vacancy Rate & CAP Rate
I'm looking to purchase a duplex in an area not far from my home. Seeing as I'm somewhat familiar with the location, I know what rents should be. I also know of several websites such as "Rentometer" and "RentSlicer" w...
Ali Samana
Buy & Hold property analysis
Hello,
I am not into buy and hold, but would like to get into it. Knowing that, I had a realtor call me about a possible deal he considers a good cash flow property. Here is the broad (numbers) overview.
The prope...
Eric Armstrong
Looking for an easier offer system
I'm looking to simplify the offer process when I want my Realtor to submit an offer for me. Currently, I'm filling out the sales contract and then scanning and emailing to him. He reviews to make sure "t's" are crosse...
Jeremie Torres
New Motivated Baltimore Prospective Investor
Hello all,
I'm new here and new to this. I have this burning desire to become financially independent cos I can't do this 9-5 for 30 more years. Insert investing* I dip my hands a little bit into the stock market an...
Nick Brubaker
Refinance my rental?
Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental. I put financing on it last year (15-year fixed) at a 4.375% interest rate. The rate I currently...
Jessica Prak
First property question
Hello Everyone! New member here! I am just wondering if anyone had some advice about buying a first property. I am hoping to have it become an income property. I am lucky to live with my parents at the moment and will...
Account Closed
'House Flipping' advice needed
Hey all,
A relative of mine has asked me to advice them on the concept of house flipping -- buying derelict properties, renovating them completely, making them a home, and then selling them for a fantastic profit. I'...
Kathy Petruska
Excessive funds in HOA account
I live in a small (166 homes) HOA. Originally 2000 home were planned. The developer had two builders originally ans started selling in 2006. The crash occurred and after the two builders sold the homes they had ...
Timothy Nelson
Paying Off Loans on Inherited Property
I inherited a home oat the end of August 2011. The property carries a home equity loan in the name of deceased relative. I have been paying the bill every month since. I never contacted the lender to know about ...