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All Forum Posts by: Salina Robbins

Salina Robbins has started 5 posts and replied 32 times.

Post: PHILADELPHIA PROPERTY TITLE INSURANCE

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

@Mike McCarthy

Thank you! I will look into this

Post: PHILADELPHIA PROPERTY TITLE INSURANCE

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

@Al Pekerman Thank you!

Post: PHILADELPHIA PROPERTY TITLE INSURANCE

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

Oh, okay... 

I miss understood the effect it has on the ARV. Thank you for that! Are you able to point me to a resource detailing this information?

Post: PHILADELPHIA PROPERTY TITLE INSURANCE

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

Hi @Al Pekerman

I'm not sure if paying these liens are necessary. I'm also not sure if eliminating these liens ensures protection going forward. Which is why I'm open to a step by step alternative even if that means paying out of pocket as long as it protects my investment.

Post: PHILADELPHIA PROPERTY TITLE INSURANCE

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

Hi everyone! 

I am currently in the process of acquiring a property. I am having an issue obtaining title insurance. This property had several liens on it in the past,all very small amounts here and there. I do understand these lenders are unlikely to "wakeup"  With that being said I want to protect myself just incase they do "wake up".

The current owner didn't know what title insurance was until I explained the value and reason why it is necessary. The current owner didn't opt for title insurance when they purchased the property.The previous owner passed away and that's how the current owner was able to purchase. I was told by the title company an order to secure title insurance I would have to submit several documents to the title company for the previous owners who passed away. I was able to provide every single document required except for one, which was the marriage certificate. I looked for this marriage certificate in Philadelphia, where the property is located but also the surrounding counties and each state the owners were from and lived in. Unfortunately I was not able to find it through the counties. I also did very broad searches online. I've been looking for this certificate since August.

does anyone know of an alternative solution for this problem?

Post: Philadelphia Newbie Looking to Network & Learn

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

Welcome back!

Post: Moving to Philadelphia / King of Prussia area from Atlanta

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

Welcome to Philadelphia!

Post: Philadelphia - I can't find multifamily properties to House Hack

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

You can also try looking in the surrounding counties such as Delaware county and Montgomery county.

Post: Need a Contractor for FULL GUT REHAB in PHILADELPHIA, PA

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

I've also been looking for a great contractor, and had lots of anxiety around finding a good one. The book BRRRR by David Green offered a lot of clarity and I haven't even finished it yet. You can also try getting referrals through your agent and broker assuming they're investors too.

Post: Why am I having trouble hiring a contractor?

Salina RobbinsPosted
  • Rental Property Investor
  • philadelphia, pa
  • Posts 32
  • Votes 5

Read BRRRR by David Green. This book goes into detail around tips you've been given on this post.