My wife and I are closing on a rental property on Thursday through a conventional Fannie/Freedie Mae loan. My questions is can i request from the closing attorney to also prepare/have quitclaim or Warranty Deed on-han...
I have just purchased 1st rental, and under contract for my 2nd...Yeahhhh I am very excited. Both in my area. So I am interested in managing them myself in order to learn. But now come the details.Question #1: I do no...
My tenant wants to install a TV mount and potentially move the cable hole in the wall. I think the mount is reasonable, but he can just run a longer cable and deal with the cable hole where it is. What do you think? H...
Hello BPocketers!I am newbie in real estate investments in the Detroit area. I made some quick flips that made me some money and recently acquired a two family (Paid cash 57k) in a nice upcoming area of the city. I pl...
Hello all, I'm not looking for, nor expect to get, legal advice but maybe someone can help me out. I have a couple of investments in California that I would like to put in their own LLC. California costs $800 per year...
Hi BP, trying to change the title of my rental property out of my name and into my LLC. The bank said that it was fine however they will still report to my personal SS# and the insurance must stay in my name not the ...
Hello!New investor here looking to buy my first property. I am in the process of setting up a trust. During my conversation with the attorney, she mentioned that it's rare for investors who finance property to buy a p...
This question is for those who operate or have an understanding of residential assisted living facility, residential care homes, RALF, RCH, etc., as a business specifically, not the underlying real estate. 1. What typ...
I own four rental properties in FL, managed remotely by a management company. All of them were bought in cash. Total worth is around $850k - $900k. My original goal was to generate enough cash flow so I can buy a hous...
I have a single family property and would like to rehab it into a duplex via adding a downstairs apartment. There are currently two stairways entering into the downstairs from outside (there are no inside connecting s...