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My tenant informed me that the sewer was blocked by someone in a house at the end of the block. Since these are attached row homes all the homes basements are flooding. What do i do? I am out of the country. I do not ...
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All of my properties are currently set up to pay tax/insurance through escrow.My new portfolio lender who does commercial loans said they typically don't do escrow on the commercial side but they can do it if needed. ...
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New tenant has three kids, and would like to put up a swing set. The yard is private and fenced, and the set was purchased by her. Would there be any liability concerns from allowing this? I was thinking about running...
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Hello all, I am looking to get my first rental soon in the Houston area but I am having trouble finding + cash flow. I was hoping yall can review my calculations and assumptions. Also, I am trying to follow the 1% ru...
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I have a remodeling company and am a contractor. I have 6 properties coming up for Roof replacement thru insurance. Can I myself have my team do the work and then bill the insurance under my company name? Or even I ca...
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Rookie question here. 1.When financing a rental property. Do you favor Principal+Interest or PITI included together in your payments when the mortgage is set up.
2. Using PITI. Why wouldn't you figure in the tax and ...
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Hello BP Community! I recently purchased my first SFH in January, have a tenant that moved in at the end of March and was excited to get my first check from my property manager for the April rent, until I received a ...
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Hi BP,
I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having...
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Hi All,I currently own two rental properties. The first was financed as an investment property and set up with the insurance company as an investment property. The second I had trouble finding a bank to lend, so it wa...
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I am renting a home that has a mortgage. The tenant who is renting from me would like to put a down payment and transfer from tenant to Land Transfer contract. My question is, can I keep the mortgage on the home whi...