Scott Parker
Life insurance requirements from lenders
Hello all, I have an investing question in regard to lenders requiring life insurance. I have apparently reached a threshold with my bank (a million dollars in loans) and they are requiring me to get a million in life...
Jeff Takle
Books on Forming or Running a HOA?
Does anyone know of any books on the subject?
I'm doing some work on corporate governance for a non-profit and we are retooling the board of directors. I'm learning a lot and re-reading this post made me think that ...
Matt Stricklen
Lease question for Austin househackers ( by the room)
I have a friend who intends to rent out a room when his new build is ready in may or june. I have pretty standard lease contracts ( like those found here on BP)for my more traditional rentals, but I'm wondering if tho...
NA NA
Homepath
Fannie not doing their homepath and loan products?The website says the houses would be on standard reo selling practiceWhat do standard reo selling practice represents?
Elizabeth Kness
Lender is adding “Rent” to my debt even though I don’t have any
I am currently under contract to purchase an investment condo, non-owner occupied. I live with my boyfriend and do not pay rent or utilities for the last 3 years . He owns his house and pays his own mortgage. My lend...
Mike Moreken
My first listing for rent in NJ
3 Bedroom, 1.5 Bath single family row home. 1120 sq ft. New roof, carpeting, painting, sinks, lighting fixtures. New refrigerator; old range/oven, clothes dryer, washing machine, garage, plus ADT security service prov...
Damian Callaghan
Deposits and Tenants changing their minds
We are about to rent our home and move in to a bigger family home. I found a tenant and we both signed a contract. I am in a HOA that had some stipulations. The intent was to take 1 month rent and 1 month as a securit...
Erick V.
Self-Servicing a note.. agree or disagree?
Hi all...I know someone who has purchased a few np-notes and he "self-service" them instead of hiring an actual servicing company. I have recommended him to use a servicing company but he says that it is NOT a law req...
Sophia Berry
How much to charge Builder if they go past deadline date
Hello all,
I bought 3 lots in a subdivision and will be finishing up on the 1st house. Before starting the 2nd I wanted to put into the contract a clause that indicates a daily fee if they go past the due date. Does...
Shaun Caldwell
What's your process for creating a renovation plan and estimating rehab costs for your projects?
Rehabbers/flippers, what's your process for creating a renovation plan and estimating rehab costs for your projects?