Al Kirk
Lease Option and Insurance
I am in the middle of closing a deal on a lease option agreement. My question is, after the agreement is signed, do I need to purchase any kind of rental or home insurance to protect myself of loss?Couple of facts:The...
Matt McKinney
Utility bills
I have a property that had a basement flood. I had a restoration team come out to address the problem. They put about 12 large fans and dehumidifiers all throughout the basement and left them run continuously for 8 da...
Vincent Matraxia
Life Collateralized Mortgage Obligation (LCMO)®
Has anyone had any experiance with this type of loan?DESCRIPTION: A NET LIFE LCMO® is a thirty (30) year fixed, low cost (average 4.5% APR) amortized mortgage which is available to all applicants over the legal age of...
Ikenna Okafor
Transferring to LLC (how long do you wait after closing)
After closing on a deal, how long is it advisable to wait before transferring property to an LLC? Especially when its likely the loan will be sold to a third party?
Tiffany Kohrummel
Landlord or Tenant liability
My property has exposed power lines. My tenant hit a power cord with a weed eater doing yard work the other day. They (tenants) called PGE to come out and look at the power line and when they fixed the issue with the ...
Herb Abrams
Closing Insurance
Does anyone know if I can buy insurance to cover my losses if a buyer fails to close the purchase of a home? I am referring to the situation where the buyer's financing is approved and the seller has met all his oblig...
Elliott Back
diving into the great insurance conversation
I could probably ask an insurance agent, but wanted to see if anyone knew. If i have a tenant that lives in my house and his car is parked in the driveway, and a tree limb from my property falls and breaks is windshie...
Ken Bucho
Real Estate Notes
I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.
Christian B.
Questions about getting an FHA loan
I am a newbie to real estate and I want to get started this year. I want to try house hacking and using an FHA loan. I want to invest in Long Island, NY, but the prices are so high with most houses above $200,000.
I ...
Eric Chatman
Newbie with Alabama Tax Sale Question
Hello Everyone, I am new to the forum. I am also currently researching information on Tax sale purchases. I attended my first tax sale this year and purchased 1 piece of property valued at $50K for just over $200.00. ...