We want to obtain a rental property and were thinking about purchasing a new primary residence and renting out our current house.

Does anyone in the Kansas City area or midwest for that matter know of a great online course designed to help obtain a real estate license?

One of the advantages of Bigger Pockets is the assistance you can obtain.

In Colorado (as rules governing insurance are state specific), in order for an insured (individual or business obtaining the policy) to get an E&S policy, they need to be denied by three admitted carriers first.

They obtain approvals for their desired use, which can take 18 months, then close.

It is essential to understand that Fannie Mae and Freddie Mac will continue to move forward with everything except evictions; therefore, individuals may still receive default notices throughout the holiday season.Although this only seems like a small act of kindness, these extra weeks could actually provide enough time for some struggling homeowners to obtain foreclosure assistance or come up with the money to remove their home from the foreclosure process.

(not sure if this is true or not, I heard people sue because they were not previously advised that late payment will be reported to the credit bureau).4) lead paint - lead paint disclosure for older buildings.5) utilities - if for whatever reason tenant is unable to obtain an account under his or her own name for utilities, the lease will be considered null and void.

Unbundling is required during a sale of a property to deduct the disallowed and suspended losses.Grouping also helps taxpayers obtain the 10% interest requirement in the activity for active participation.Lastly, with the new Medicare surcharges being attached to passive incomes, grouping your activities into one activity while materially participating as a real estate professional allows you to minmize the tax consequences.Are there downsides to the real estate professional designation?

IOTH, you can obtain a quick claim deed for the amount owing, then the equity may be available to you, to do this you must be working with the borrower.Stale notes and lost borrowers can have unique problems.

,It is very common in Florida, that the garage has been converted into a bedroom.It that is the case, make sure that a permit was obtained for the work.Also check to see if there are any "open permits."