Blake Carlile
Promissory Note - Signatures / Enforceability Question
Hello! I'm a private lender and recently received a signed promissory note from the borrower that looks well and good (based my research of all things that should be in a note), but it doesn't have a signature line f...
Dawn Anastasi
Working with contractors
I think the worst part of rehab is dealing with contractors.
The last tile guy frustrated me to no end. He said he could do drywall work too, and found out that he subbed it out. The guy he had working for him turn...
Shari Peterson
Are you losing short sales because lenders are choosing foreclosures over short sales?
I read this post on Short Sale Daily News (http://shortsaledailynews.com/banks-make-more-money-on-foreclosures-than-short-sales/) that banks are choosing foreclosures because they make more money by making a claim on ...
Jim Brozny
Should the contractor get the entire payout?
I filed a claim with my insurance company for wind damage to the siding on one of my properties. At the last minute, I called a contractor to meet the adjustor at the property so they could inspect it together. The ...
John Adamkewitz
Can an insurance agent raise rates or commisions on pre-existing property insurance?
Hey BP,
How much control does a St ate f arm Agent have in rate increases, on property insurance? Can they raise their commissions on exisisting policys?
Thanks, John
Jamie Brayton
Snow removal expectations
How do you manage snow removal and expectations?By far, this is my biggest headache as a landlord. We’re on our second snow removal company and neither have been great, but it is so hard finding someone who is insured...
Jeff Li
Tenant Left Water Running & Overflow Caused Damage - Advice Plz
First year landlord here. I just found out that my tenant left the shower running all night while the bath was plugged. Water overflowed to the floor, causing damage to my unit. Not only that, this is a unit in a C...
Kim Wu
Buying investment property with personal income vs. corp $ in CA?
Newbie here.I run a small business and it's generating healthy revenue.Looking to invest in my first investment property and was wondering if I should purchase with my personal income or buying it through corp?I am co...
Daniel Collins
Unlicensed Roofer Did Not Pull a Permit Now What?
We just bought a foreclosure and had three roofing companies give us a quote. We went with one and asked if they were licensed and insured. He said yes and showed us proof of his insurance. He is almost done with t...
Naga A.
20% premium of repair costs, $65 per hour for unlicensed repair work, really?
My property manager charges me with 20% premium of any repair costs when they act as general contractor to sub contractors.
On top of that, I received a letter that they hired an inhouse handyman for unlicensed min...