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1 September 2018 | 5 replies
Again, notice was given to the tenants well in advance (approximately 4 days prior to entry).
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10 September 2018 | 3 replies
I'm trying to find out information for my mother regarding a Whole Life Insurance policy she has.She started this policy roughly 10 years ago (I had no idea this whole time) and is in her early 70's.
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3 September 2018 | 13 replies
You have 2 prior months to make up for.
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2 September 2018 | 2 replies
The tenant is also 3 months behind on rent.The property is in Clayton County, GA.The current owner cannot evict the tenant because they are in bankruptcy,but I wonder if a new owner can.It seems like they could because they do not have a prior agreement with that tenant.New ownerNew lease agreementIf they don't like it, they can get out.What are your thoughts?
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3 September 2018 | 3 replies
Bear in mind title is wife and I name and we have the proper insurance policy to protect us from suit.
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5 September 2018 | 14 replies
(Madison)The buyer who ended up buying it, was shown the property during the original co-listing prior.
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2 September 2018 | 0 replies
I will list the numbers:current rent $1950/month (going to $2000 in about 6 months at end of 2 yr lease)My expenses: annual taxes $7950 ($662/month) Heloc balance $170k interest currently 5% land lord policy $1150/ year Self managed Maintenance : has averaged $300-400 per year.Reasons I am considering sale : 1) property is currently worth about $270k (making me feel roi is low). 2) property has a pool which is a liability that I'm not completely comfortable with. 3) property has a heloc balance against it of about $170k that I technically cannot deduct the interest because it wasn't used for the property or any other rental. 4) Tax treatment: my understanding is if you sell it having lived in it 2 out of last 5 years the capital gains would be exempt.
4 September 2018 | 8 replies
You may want to first verify their license with either the county or city, and ask to see their insurance policy before you hire them.
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6 September 2018 | 6 replies
Pre foreclosure lists have always interested me but after speaking to a few high level investors I noticed because of certain policies most investors shy away from pre foreclosure.
10 September 2018 | 4 replies
When you buy your regular landlord's policy for your 4-plex it will come with dwelling coverage, which give you protection in case of fire or other property damage, as well as "Premises Liability".