Hi there!I have a rental property in Las Vegas that is under LLC (newly formed LLC), Am I obligated to inform the Mortgage company about this? Thanks!
Prior to purchase, an inspection revealed several things that could potentially lead to a roof leak (missing flashing, DishTV antenna screws not sealed). The seller asked the HOA to fix these items. Now I own the prop...
If I buy a property that already has tenants in place, as well as property management for the property must I keep the property management? Or after the sale of the property may I manage the property and get rid of th...
Hello everyone! I’m seeking some advice on the next step to take to purchasing a duplex or a triplex. My location preferences are GA, NC, or TX ( avoiding anything around the Gulf). Here is my situation.
My primary r...
I am trying to evaluate the financials of an HOA community and I was wondering if anyone has a rule of thumb for cash reserves or any other items that could be a red flag to investors?
Answer this question: "...
Hi, I am looking at a bank REO, with the help of a buyer's agent (following some of the advice here on BP on the importance of not using dual agency). Now our buyer's agent is saying that the listing agent promise to ...
What is the process after your renter forgets to open fireplace vent and burns half the house down 😑
Scenario:
A buyer puts a property under contract, has a rigorous property inspection and includes a list of defects and requests some repairs be made.
If the buyer and seller are unable to come to an agreement and t...
My wife and I have the strategy of owning investment properties under LLCs formed in the state each property is within and want to place all these LLCs within the ownership of one holding LLC. We live in California i...
Hey all,I have long time renters who except for a few months during the initial covid shut down here in Oregon; paid on time. They purchased their first home back in August and moved out in September. Their lease wa...