Hi everyone! I've been perusing the BP site and listening to tons of podcasts for a few months now and it's finally time to get going. I live with my wife and six-year-old son in Washington, DC. I'm a systems engineer...
I'll quickly introduce my situation here. My wife & I will be able to save $5,000 a month combined starting December (living in a van soon to save & pursue real estate; sounds extreme, I know..) We are both 22...
I have a question about sub 2 and escrow. It seems confusing to me. If you are doing a sub 2 how would the escrow work. If there is any excess funds would it be refunded to the original mortgage holder or to the...
I am closing on a single family owner-occupied residential property. Loan Amt is $175,000. The Title company is charging me the following fees:-Admin Processing Fee $35-Closing Protection Letter $75-Lender Title Insur...
I have a client who has recently refinanced an apartment building that he has owned for 16 years. He is now interested in doing a 1031 Tax-Deferred Exchange. He was recently informed that he might be facing a mortga...
What are your guys's thoughts on taking a picture of the tenant at their move in walk through? The owner wants pictures taken of each tenant for security reasons even though we already have copies of their ID's. Tha...
Hi all, I recently bought a genie garage door opener screw type at home depot. I paid a contracting company to install it. However the garage door when is opening, the opener and the rail moves a little towards the ga...
Hello,
I apologize if this has been answered several times already, but I was wondering about insurance on a house - when the investor is doing a "subject to" purchase agreement to buy a house in a pre foreclosure, an...
So I'm trying to get a better return on the cash flow from my one rental. It's owned by the LLC that is owned by my SDIRA.I reached out to a couple of the big names ( ie. scottrade, ameritrade, schwab ). I went thru...
I recently began house hacking and have about an acre of yard to play with- right now it is bare and no grass. What would be a good (and not excessively expensive) method to make this presentable for tenants to use an...