Hello, Had a peculiar scenario told by my property management company . My property - lakefront property in the poconos just recently went live with a property management firm . Upon discussing some issues with the ...
I purchased my first rental and am currently keeping it under my name (not an LLC). I am looking to add properties at a pace of 1 per year. Would an umbrella policy be the best option to cover me? What amount should...
I have a prospective tenant that is willing to move into my first rental property sight unseen from across the country. This will be a "roommate" situation, since it is my primary residence. She has asked me the fol...
I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%. The tenant of this property is a brick and mortar retail business I own and the current market value of the property is app...
Hi Everyone,
I just closed on my second property of the year. And I was wondering for the people with multiple rentals, how do you have them structures from a legal standpoint? Right now, the properties are just in m...
My partner and I are venturing in to trust deed investments. I've subscribed to several organizations and have come across some opportunities where we can take 50% of the loan. If there are two parties, who has firs...
Hello all,
Thanks in advance for any replies.
I have one full-time person who helps me in managing my business. I also have a part-time maintenance person. I have been thinking of hiring the part-time person full-ti...
A question on fair housing for our legal eagles...I have a unit which I think is going to turn over soon. First time for me! For various reasons, I'd really like to get a tenant in there who has personal roots/ties in...
Which small local bank have you had the most success when it comes to REI in the Quad Cities?
Looking for a local bank that can give an answer for a loan in less than a month, the way it seems larger national banks o...
Hello BP family,I am looking to make an offer on a home that is currently having issues paying the mortgage. I believe this is called the pre-foreclosure phase and I want to know if any of you have experience with thi...