I just got a settlement statement back from the title company on a property we're buying subject to. The seller owes $4154 to the HOA. Of course he told us he didn't owe anything. This is a foreclosure property. So, i...
I am about to purchase my first rental property. After getting everything I needed and already 3/4 of the way through this process, my lender is now telling me that I need to put down 25% as he says that’s the guidel...
Hi Everyone,I am super new to the real estate and excited to learn more about real estate, and how it can create passive income if managed correctly. I am interested in investing in the Renton, Kent and Auburn area of...
Anybody have a sample hard money contract: note / deed of trust they can send me? Just for curiosity sake - how things are structured.Thanks!
I'm working on a land purchase from a male veteran whose wife left the country 10 years ago and no longer responds to any communication. (She's now in Russia.) He and his wife are on the deed.(1) Is there some way to ...
Should I create a separate email for my rental account to add to rental sites and communicate with clients? I'd like multiple users(maybe up to 3) to be able to log into this to answer questions, is this a good idea?
Re: Homeowners Insurance on a Real Estate Investment Property from a Lender’s Perspective
I am a private money lender. Amongst other things I always instruct the insurance agent that the property will be vacant. I...
Hi there,I have a question regarding how to handle a unique situation. This week, peoples gas shut off the gas to my entire building due to a “gas emergency” (without notifying anyone). I was notified by a tenant that...
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Hello everyone,Have a question in regards to engagement with a real estate lawyer and the risk of being sued by investors if an investment in a Multifamily property. Part of an engagement letter with a real estate law...