I'm going to start utilizing my license to acquire more rentals and I'm currently flipping a house that I will list.

This gives full disclosure to the bank and tehrefore, if they do not utilize the DOS clause, they can not later.

They are offering something that appears to be an extension of my homeowners policy to cover the rental.

Self Storage is Great, I just wanted you to know that it does not inherently shield the owner from increases in tasex, insurance utility costs the way a NNN lease does.As for getting started.

Turn off utilities. 2.

what needs to be there to make note extension easier in the future.Thanks in advanceQL

There are these things called utilities - you know, things like electric, water, gas, phone, cable, etc. - that are turned on when somebody lives in a house.

They said we needed to file an extension, would not be charged, so we did.

You could also look for any assignment of the Trustee and contact the Trustee, likely if it went to foreclosure they will have the info, they may or may not give you an address to contact the lender.If utilities are turned on I have gotten the name, same from the assessors office as to where the tax bill is sent.Often as people move out and the property is not cleaned up, you may find names and addresses of all kinds of trash and follow up through those leads.

My rehab company utilizes both options and purchase agreements.