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Hi All! 2 weeks ago I received an early morning call that my SFH Rental Property caught fire. The Fire Marshal determined the Fire was caused by the tenants improperly disposing of a cigarette. The tenants confirmed...
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If I purchase property with back tax, and do not intend to pay the tax before selling it, should I transfer title to the buyer with a special warranty or a quit claim deed? If more back tax is accrued during my owners...
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Hey Everyone, I've been successfully self-managing a full time STR in the in-law unit of my San Francisco home for a few years now. I have been able to avoid trouble tenants in the past through the normal mechanisms, ...
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I want to talk to someone who can provide me with legal advice. Earlier this year, my condo was damaged and made uninhabitable by a water leak that happened in a unit that is a few floors above my rental unit. It has ...
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Hi everyone, This is a followup to my earlier post: My tenant texted us saying that he will leave this week. Our trial date is scheduled for next week. Assuming he is telling the truth this time, should we still go...
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I recently attended a real estate investment class and was advised to never purchase real estate in my name but form an LLC or S-Corp And use this to purchase instead. Does anyone else follow this advice?
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After about 4 months of looking at different properties, I've finally closed on my first rental! Only bad thing, in my opinion, is that its a condo. Condo fees are currently $205/month (it will go back to $125 after t...
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Hi Everyone,After scrimping and saving for four years, we've been able to pay off the mortgages on two properties we own. Our concern is that two homes free and clear could become a substantial financial target if we ...
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I have a tenant buyer for a lease purchase property. She's supposed to pay $6000 for option deposit, but I allowed her to moved in with $1100 option deposit only and let her catch up $800/mo on 15th of each month unti...
Hello,I recently changed my home insurance, it was getting very expensive this year and I chose $100,000 in liability insurance for my triplex when electing. Should I get Umbrella insurance on top of it? How much doe...