It’s my first time buying a commercial property and I’m still in escrow. I’m naive and wanted to get some input on what may be happening and what you would do.
To avoid escrow delays and tenant upset, I decided to...
I am in the process of closing on a property and was setting up the insurance with my agent. The policy requires a 4-pt inspection on the property and I have found that the electrical box needs to be upgraded.
My qu...
Is it reasonable for a property manager to insist in their contract on being added as an "additional insured" on a landlord's property insurance policy? This relates to small multifamily investing.
Hello, We are purchasing a house through a Wholesaler for the first time. They are using a standard Missouri contract and are doing a double close. They say the title company will not close if the house does not ha...
Ok, so I've never done a subject to deal, so could someone explain it like I'm a super-smart kindergartener? :) lol
What are the contracts needed?
Who's on the deed?
Is it quick-claimed to me by the seller?
H...
Hello,
I am a long time reader, first time poster. I've renovated a few houses in Washington DC for investment purposes. On my last project, I started searching for insurance for the renovation/selling time...
I am looking at a property on auction.com. it is an "occupied property" I have done the title work and it looks like I will get a clean title with the exception of the occupied status.There is clearly no one living t...
Hi Everyone,
I was wondering when is the right time to get my own LLC? I currently do don't have any properties, but I will be working on getting my first one in December/January. I wasn't sure if i should get one B...
Hello BP,Currently house-hacking a duplex purchased at the end of May using private money but am running into the road block of finding a bank in my area that is willing to work with a Quit Claim Deed. Obviously I am ...
Hi All,I was wondering how a landlord can enforce the requirement that a tenant purchase and maintain renters insurance with a certain limit of liability throughout their tenancy. What if they move in and don't get it...