All Forum Posts by: Michael Faudoa

Hi @Mirasol Aninon & @Zach Lemaster

Can you send more details on the property to [email protected] ? 

Thanks! 

Mike 

Send the details to [email protected] please, thank you. 

Hi Cary, can you send me the details on this property, including a fixed expense report, location, income, property tax, and what kind of work needs to be done? Thanks! 

I currently live in a home with my parents. The home is valued at around $425,000, and my parents owe around $287,000 on it. My parents want to turn this house over to me and have me run it as an investment rental property. How can we do this? 

I didn't know what topic this should go under, I just had an interesting problem that I would love some feedback on. 

I am looking at a triplex in South Carolina that I want to use as either a BRRRR or just a plain rental. It is an off market deal, and when the owner sent me more details, one of the bullet points read: "The siding is asbestus but the house just got completely repainted and it is sealed."

Is this a big deal? Should I run for the hills? Or should I take action and look further into the deal to see if it's good enough?    

I just found a duplex with some potential. How should I go about estimating the ARV on it? I am hoping for a step by step of what you guys might do when deciding what the ARV is. Or do you just ask the agent to do it?

@Carson Fox Hey Carson,

Can you send over those details to my email as well? Thanks so much! 

[email protected]

@Matt Devincenzo this property is somewhere else- if I was buying a property in San Diego for $350k I'd probably have to pack heat haha. 

Hello, I have a simple question- How do I find out how much insurance is going to cost me on a rental property? 

@Dan H. Would a property's assessment affect insurance prices at all?