Hello everyone, I am getting back into REI and want to make an offer on a property that I have been watching for a couple months now. My one snag is that I'm not sure what option is best for asset protection. The home...
I live in the Houston area and have one single family house that is currently rented out. Who do y’all use for insurance on your property? I’m paying about 2300.00 a year for a home that is valued at 140,000. Thanks
I have read several arguments and still somewhat in the air about whether or not to form an LLC prior to getting started in flipping and some buy and hold in the near future. I have just moved to CA and am just starti...
I'm in the process of converting my single family house into a rental. Here are my basic questions:The house is titled in my name. Should I transfer title to my real estate company?Do I tell my home insurance company ...
I just received this message from VRBO. To be clear, the potential guest involved wanted to walk through the rental prior to booking it. She did so and left a note with the person who showed her the house. Once I r...
Are most REO's sold "with no warranties expressed or implied by seller?
I understand all banked owned properties are "as is" does no warranties mean the same thing?
Even so since this is a bank owned property, the tit...
The consensus seems to be that a WD is better than using a quitclaim. Is this something I need to pay an attorney to do or is it fairly straightforward and something I could do on my own to save money?
Hi,
I'm looking into buying foreclosures at auction, which doesn't provide a lot of time to run a title search prior to the auction. I know I can call the town to find out about back taxes, water liens, etc, but with...
Hi - my wife and I just changed deed ownership of our first STR property to an LLC we created. When we switched over we lost the title insurance we initially purchased when we closed on the home. If we repurchase titl...
This is a long story - I will try to summarize. If I miss something, please ask. All thoughts very appreciated!A tankless water heater was installed before I owned the house. I had my plumber service it and during ...