To Service or Not to Service
In the world of distressed second mortgages, we use servicing companies for two main reasons. The first is for “insurance reasons” (I’ll explain later) and the second is for “convenie...
Hi seeking advise. But I g property in westchester. We found the house of our dreams after 2 years of looking. we were happy to find out we were approved for a mortgage. Locked in at 5%. Saw another similarly nice hou...
Hello. I'm considering self-managing a rental in Indiana from out-of-state. However, Indiana Code 32-31-3-18 (IC 32-31-3-18) states that landlords are required to disclose in writing the names and business addresses...
When under contract on a property as a seller in Memphis, TN and the contract has a special stipulation saying "Buyer will pay $x over appraised value if property doesn't appraise for the offer amount" and the apprais...
What method do you use to evaluate ROI on vacation rentals? How do you determine the rental/occupancy rate?
I have a tenant that stopped paying the water bill and the water company transferred it to my name. Can I just cancel that water service? In our lease agreement tenant is responsible for water.
Being threatened with a mechanical lien for work I never had a written contract for, an estimate or anything. Individual was recently let go for poor performance and now sends me a bill for 1,000. Any thoughts as to h...
I have an interest in purchasing and creating real estate notes as an investment company in the states listed below. I have heard about needing a MLO if I am creating notes but I am confused by the requirements. It...
Hello, My name is Andres (you may call me Andy), I'm a single full-time employee who's been working for the same company for the last 10 years, ever since I got hired and brought here fresh from university. I'm lookin...
I’ve recently inherited (along with my brother) a duplex out right. No money owed on the house or loans. One side of the duplex is rented out (pocketed revenue), and the other side I live in. I want to extend and leve...