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Purchased 8 plex that was vacant. Put insurance on it and started painting in some units and showing units. Within a week we had a major snow storm and water line froze and broke. Insurance company denied claim due...
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Just curious as I am a newbie to the RE arena, but I am hoping to get steered in the right direction. If I were to "purchase" a property "subject to" the existing mortgage, could a quit claim deed be used since the s...
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I have a property that is mine by divorce decree but 5 years ago when the divorce was final we never got around to doing a quit claim deed. I would like to do a 1031 exchange sometime in the next 10 years on this ...
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I may need to file a claim for some roof damage on my rental property that is out of state in SC. I am not sure whether the damage would warrant a full replacement by the insurance company. The roof is at 20 years - e...
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Hello everyone, I am a new investor and I came across a foreclosure property and I was doing research on it. I found that the property was foreclosed on in 4/2014 and in 12/2014 the trust that owned the land did a Qu...
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Hi Fellow BPites,I recently ran into some bad luck and had two major plumbing repairs on two properties. Expenses were $2.5K and $5.5K (& counting) respectively. In both cases I had sewage backup into the home. Th...
I purchased a small piece of property next to my house to be able to access my current property for clean up. My neighbor is claiming adverse possession and taking me to court. To explain this parcel I bought and was ...
I have an existing S-Corp into which I'm planning to Quit Claim my properties. Will my property insurance company care when I do this? I assume they must be informed about the switch.
I'm also looking at the posts ...
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Hello I hope this is the right forum for my question. How do you get the title of a house that was owed by my father who passed but my mom is living an wants to give me the property. I would like to fix it up an rent ...
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Hi Everyone, I have a FSBO here in Maryland who has an insurance claim pending on his house due to renter damaging the property.If he sells the house before he gets the money from the insurance company, will he still ...