
14 September 2024 | 23 replies
To address potential future problems, wouldn't a homeowner's policy and/or home protection plan cover any occurrences?

15 September 2024 | 2 replies
Except the government bureaucracy and people's stubbornness, of course.We always report taxes for one specific year, and it changes from year to year.

12 September 2024 | 2 replies
Building permit lists are public records that document permits issued by local government authorities for construction, renovation, or demolition projects.

13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.

15 September 2024 | 31 replies
If you were evicting due to non-payment then the tenant would be advised to apply for impact and then the government would pay for any past rent, late fees, and three months ahead.

13 September 2024 | 7 replies
Keep them informed of any changes to policies, maintenance requests, or rent collection.7.

14 September 2024 | 11 replies
(Approximately 13 states have either state Inheritance Tax or state Estate Tax, so that would possibly apply in other states besides PA.)Welfare LiensNursing home liensMechanics LiensMortgages in order of recording date, first mortgages before second or third mortgagesJudgements (once boought a property where there was alien because the owner got in a bar fight and was sucessfully sued for medical bills esulting in a judgemen.)Federal Tax Liens (Special rrules apply to IRS liens)The precedence of pay off is determined by state law, government first, then the rest by date recorded.Then is anything else is left over it goes to the former owner.On one of our purchases there was a big Nursing Home lien that the Tax Claim Bureau was not aware of.

11 September 2024 | 1 reply
**Essential Coverage**: What are the key components of a comprehensive landlord insurance policy?

9 September 2024 | 22 replies
Prices go up because of government restrictions, lockdowns, regulations, Disrupting Supply chains causing prices to increase 2.

18 September 2024 | 47 replies
One additional idea is to add a provision stating something to the effect of"This Lease is governed by the statutory and case law of the State of Florida.