
1 October 2018 | 9 replies
I typically pay 10% between origination fees, lawyers, inspectors, appraisals, taxes (which is the big killer of all deals and can be in the thousands if not 10s of thousands) Granted, my taxes are prorated at closing but I still need the money upfront.

2 October 2018 | 5 replies
You may need a lawyer, NYS is an attorney state and we typically use an attorney to handle title and sometimes escrow.

1 October 2018 | 4 replies
. - I'm-not-a-lawyer-but-what-I'd-do-in-your-shoes: I'd probably put little surveyor flags up along the property line, effectively letting people viewing that home know.

3 October 2018 | 22 replies
If there was a fire and someone could not open a window and they died.......well you get it from a life standpoint as well as a lawyer licking hos/her chops for that one.

2 October 2018 | 4 replies
You can purchase state specific, lawyer drawn-up documents (lease, application, pet lease, etc) right from Bigger Pockets at: https://get.biggerpockets.com/forms/index/I checked and the do have Ohio forms.
2 October 2018 | 3 replies
I think you need to ask a lawyer.

7 October 2018 | 4 replies
You should already have a lawyer and a contract drawn up with your brothers.

4 October 2018 | 18 replies
If your lawyer is telling you to play ball then do what he says.

2 October 2018 | 2 replies
From everything I've read, this should be covered by a landlord insurance policy that covers damage done by tenants (specifically, this tends to be categorized as Vandalism because the tenant is knowingly doing damage to your property).Here are some photos of the aftermathtldr; A tenant smoking meth cost my colleague over $25,000.The key takeaways here I believe are: 1) get a good insurance policy, being stingy might cost you years worth of profit, 2) screen your tenants well and inspect frequently (especially for lower class properties), and 3) be prepared for unexpected costs, this might be a rarer case but **** happens.Also I'm not a lawyer or insurance expert so you should consult professionals with regards to your state laws and local insurance policies to figure out how to cover yourself from a situation like this.I'm interested to hear if any of you have had to deal with something similar and also any suggestions you might have.

3 October 2018 | 5 replies
Talk to a lawyer.