Michele G.
Selling furnished multi unit
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...
Charlie Moore
If a rental home burns down.....
If a rental home burns down, is the landlord responsible to find the tenants a new place?
Walter Correia
Debt to banks come ratio
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...
Wyatt Witkowski
Breaker replacement haulting rental?
Hello everyone so I have a bit of an issue. Setting up my rental property but during the inspection it was found to have Federal Pacific circuit breaker which likely in Florida disqualifies it for insurance (obviously...
Edwin Duran
Taxes and Insurance Question
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...
Austin Bright
Debt to income Ratio Question
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...
J Zhang
Does Landlord Insurance policy requires tenant screening?
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...
Chris Kirkman
Best state for holding LLC for taxes?
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...
Steven Hickox
putting residential leases on a more commercial footing
Dear Bigger Pockets: We all know that most commercial leases are on a NNN basis. Generally the Landlord remains responsible for only the structural integrity of the building and the major components, like roof and p...
Amad Osman
Best Pet Proofing Tips/Recommendations for Rentals
I know the best approach to pet-proofing is not allowing pets, but based on a recent discussion with my new property manager new tenant laws may require that Landlords allow "comfort" pets. So that being said, I plan...