All Forum Posts by: David Howarth

There is 2 ways to go about utilities:

1. Sign up the utilities under my name and pass the bill on
2. Have the tenants sign up and pay the utilities.

Is there any paperwork I have to do to change the utilities out of my name and into the tenants?
Also if a tenant does not pay is there a lien against the tenant or the dwelling?

I am trying to get a loan for a rental property but I dont have 20% to put down. The bank said they give me a loan if I buy a home that I will occupy, I asked if I could move in then move back out, they laughed but said yes I could. I would have to have home owners insurance, not renters insurance.

My question is, what are the requirements to this, is there a length of time I must occupy the home? Will the insurance company change the policy into renters after that time frame?

How does this process work?

Im not looking for anyone to layout their finances. Im more curious to know if there are alot of successful people in RE.

How many Millionaires are there on this forum?

When did you start in RE, and when did you hit 1 Million in Net Worth?