My goal in REI is financial freedom then retirement. I have one property now and am working on a second.But I was curious for those that are working towards financial freedom, how much should I keep in reserve per hou...
Hello I am considering selling my 3 unit and two of the units are furnished. I would appreciate feedback on the following:
Should I negotiate selling the furnishings separately? Is buyer obligated to purchase the fur...
If a rental home burns down, is the landlord responsible to find the tenants a new place?
I'm currently looking to purchase a second home. It's a good deal and my wife and I are looking at a debt to income ratio of 44%. My question is, will we be able to get another home loan if our debt to income ration i...
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...
My lender has an escrow account they pull from to pay insurance and tax costs. Is it cheaper if I just pay these on my own? (Ex: pay my taxes through the county websites and insurance premiums directly to the companie...
I know, it’s a little dramatic. But really, I’ve had a lender just totally underperform, lie, dodge, stall, and then blame me, and I’m about to miss a closing date as a result. I’m now either gonna lose my earnest mon...
Ok. I understand the concept and believe notes are for me. Can you tell me What agreements/contracts are needed to buy a note and sell a note?
What pieces of a mortgage are included in "debt" for purposes of D/I ratio? P&I? Or the full PITI? Don't taxes hit the P&L? Not the B/S? So why would taxes and home owners insurance be calculated in debt to in...
I'm in the process of getting a landlord insurance policy quote. The rep on the phone says their landlord policy doesn't require a landlord to screen tenants. I'm a bit surprised - if I were the underwriter I would se...