Benjamin Ford
Basement Apartment Rentals
19 November 2018 | 14 replies
I would be concerned about insurance not covering you if you had an unpermitted apartment in your basement that circumvented local zoning.
Mike Smith
Off the bench and into the game
24 November 2018 | 5 replies
Some listings say it has a 2 care garage detached but no pictures.
Erick Chavarria
Live in CA and invest in MD, Where should I file my LLC?
28 November 2018 | 5 replies
Other than the normal LLC filings, you'll also have to register as a foreign entity to do business in Maryland, but other than that, I think you covered everything that I know of.
Manmohan Singh
Realtor and Investor, any ethical issues
24 November 2018 | 9 replies
You need to be aware that your e&o insurance will not cover you when you are a party to the transaction.
Mike V.
Xome.com question: (liens)
21 April 2019 | 4 replies
The listing states:Buyer will receive a Special Warranty Deed (SWD) or equivalent.All pictures, details or descriptions of any property, condition of title, value or otherwise is provided for informational purposes only and may not represent the true and current status of the property now or at the time of sale.Please contact the listing agent directly with questions or inquiries regarding this property.Xome Inc. companies are affiliates of the seller and/or servicer of this property, Nationstar Mortgage LLC d/b/a The title detail document has been prepared for informational purposes only.
Gil Ganz
best use of monthly rent
18 November 2018 | 5 replies
After 21 years, you would have:a - 3 propertiesb - No debtc - $22.5k/year in income/cash flowd - Made no profits during those 21 years, and...e - Will have at least had to replace (pay for) 7 - 8 roofs, 6 kitchens, 10 floors, 8 furnaces & HWH, and various other repairs not covered by any hold backs.
Jeremy Bloom
1/2 Electric in rental unit is out and can't get it fixed!
14 December 2018 | 17 replies
Clearly I can't expect anyone to magically connect a neutral wire but I'm wondering if anyone has ideas past battery powered lights to give these guys some light.Of course... being from Africa living in a tent they live that way here too and cover the windows and walls entirely.
Michael Ablan
End of year summary: Successes, failures and a mobile home park
18 January 2019 | 5 replies
Fortunately I was able to cover most of the additional expenses from the overage, but it wasn't fair to my partner into such a risky and stressful position.
John Hunt
Young Investors - Managing Student Debt while Investing
18 November 2018 | 4 replies
I found a 3 unit property and the rents from 2 units covers the full PITI, meaning I can live in the 3rd unit for very little.
Jess White
What is your favorite way to accept rent from tenants?
21 November 2018 | 165 replies
I am surprised more folks dont do it - you do need a business account and your business must be approved for x amount of a LOC just to cover rent if something were to happen.