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13 December 2024 | 2 replies
I'm considering converting the shed into a DADU to maximize the use of the space and earn some extra income.
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13 December 2024 | 5 replies
The oil company now owns the subsurface rights to that property (one of the property's appurtenances) and can transfer or keep them as they wish.
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22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.
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12 November 2024 | 4 replies
Quote from @Suzette Rodriguez: Now that elections are over how will the new president in office effect the real estate market?
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13 December 2024 | 3 replies
Though USLI, one of the biggest umbrella policy providers, dropped my max coverage to $1M because I had pools.
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13 November 2024 | 7 replies
@Vito DiIennaWhile I have not had to get a Letter of No Objection myself, if I had to do it, I would go right the the DOB, go into the Office that you can get an official Cert of Occupancy and ask them what is the procedure to get the letter.Normally, you will need to provide evidence.
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13 December 2024 | 3 replies
I am a fellow house hacker and think it's the best way to get into the game if your circumstances allow it!
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13 December 2024 | 6 replies
Several banks offer soft inquiry options, I'd try those out prior to risking the HP.
19 November 2024 | 10 replies
Most will just decline and move on to the next property as they don't want to fill out something for a property they haven't even seen.
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13 December 2024 | 1 reply
The mortgage company gets paid off first, then in a traditional sale, the rest minus agent fees and utilities and closing costs goes to the seller.