Haiyang A.
$8000 closing costs for cash-out refi of a rental property in Cincinnati
I am looking to do a cash-out refinance for a rental property which is located in the Cincinnati area. The quote I'm getting from a local mortgage broker is as follows: 30 year fixed conventional financing, 75% LTV, 7...
Kyle Grimm
Two junk cars parked in tenants driveway. Now what?
I have tenants who have 2 cars parked in their driveway that don't move. They have flat tires and look like crap. They drive a mini van that looks and sounds almost as bad. They park it on the street. Is there anythin...
Kerry M.
Employees as my employees in PM Agreement wording?
Is this strange?
The PM does not have employees, they only have/use independent contractors. So
A) there are no employees so none could be my responsibility? or
B) responsibility could be mine if the independen...
Jeremy VanBussum
Transferring Title to LLC - Deed
Hi, I am a newbie seeking legal advice regarding my first investment property. I hope someone can help who knows the ropes. Here is my situation:
I purchased my first investment property with 25% down and the rest of ...
Atma Vidal
What to do.... contractor is playing games....all ready signed contract
Hello everyone,
I would like some advice....
1. hired a plumber (lets call him woody)
2. Signed contract (with no date to be completed by)
3. Plumber sub-contracted an electrician
4. H...
Tim Anderson
Insurance question
Hi. I recently got my first rehab home under contract and am wondering what type of insurance I need to get on it. I've read 5 or 6 threads on it already on BP, but I was wondering more so about my specific situation....
Account Closed
Getting home owner's insurance while rehabbing
Hi, we are excited to soon be closing on our first deal. We will be rehabbing a home that will probably take 2-3 months for the rehab. Is there an specific home owner's insurance policy for rehabs? the property is loc...
Nick D.
Tenant Made Unauthorized ADA Repairs without Permits
Here's the rundownOne of my inherited tenants sent me a letter in March regarding a slip and fall at a multifamily property that states happened in January. I never received a notice or heard any word that the tenant...
Ryan Burton
Seattle - renting downstairs unit
Hello,
My wife and I recently bought a house in Seattle. We are living in the top half, and are just finishing up some work on the basement unit so we can rent it out. I am hoping for some advice, or links I can go t...
Ken Latchers
Motorhome rental and STR
I have an offer on a used motorhome in good condition. The primary reason for purchase is actually I am starting a tour company later in the year.
but while it sits, I plan to list it for both stationary rental as w...