Peter Walther
Alaska appeals court decision on the affect of a mortgage interest described on a CL
I found this decision interesting. It determines the rights of an individual lender who inadvertently described his lien on a mechanics lien form as it applies to a bona fide purchaser. I think it also demonstrates ...
Hen Ley
Title insurance for private lending?
I'm looking at becoming involved with private lending. I know when someone receives a traditional loan from a financial institution they typically are required to purchase title insurance to protect the lender. Do p...
Bryan Hancock
Taxation For Insurance Claims Kept Instead Of Used To Repair Property
So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
Shaine Cobb
Multi family insurance company
Hello all,
I will soon be in the market for a new insurance company for a 4plex. I would like to hear your recommendations. Pros, cons, etc. The property in question has had one claim (theft of copper from...
Kevin Drouillard
Exiting out of a totally fire damaged C class property
Hello, I am looking for ways to sell a totally fire-damaged property in a C class area. I have reached out to a couple investors who specialize in fire damaged homes and I’m seeking advice to further expand my reach a...
Chase Lawson
Thoughts on Pools For Long-term Rental
I would love to get some input. I purchased my personal property in 2020 for $300,000. Current resell value is $425,000-$450,000. My current monthly payments is roughly $1800-$1900 per month. I am thinking I could ren...
Dan N.
Just closed on 1st property - Here are some lessons I learned
So after 1.5 years of searching, putting in offers, losing deals after inspections, yesterday I finally closed on my first investment property.
I put together a document of all the lessons I learned that I did not ...
Rene Ramirez
Mother's House Burned Down - Now What?
Hi all,First time poster, apologize in advance for lack of terminology.My mother's house burned down this summer (June) and there has been little to no progress done since.The house didn't burn down to the ground, roo...
Dave Ruff
Condo Association refuses to purchase Inflation Guard Endorsement
My loan underwriter for a condo unit purchase is requiring either 125% replacement coverage on the building policy or an inflation guard endorsement on the policy. The 3-member board is refusing to add the endorsement...
Jim Bentley
Multi account insurance discount for SDIRA
I'm getting ready to close on my first investment house purchased by my SD IRA. My personal insurance agency gives a discount of 10-15% on my insurance policy because I have multiple, personal (homeowners/auto/umbrel...