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...
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 ...
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...
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...
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...
HI guys,
I need some advice here. I have a property manager who convinced me to do a quit claim deed to him so that the city will erase the debt on that property(electricity). That did not work. Now the deed is u...
Dear bigger pockets. Has anyone had a deal for a single-family home that was burned and was pending the insurance claim? The owner wants to retire and get out but he has been waiting for the payout from insurance for ...
Has anyone had so much damage done to their rental property by a tenant that they decided to put in a claim with the insurance company?
We have only one single family home that we carry "renters" insurance on. From w...
Anyone familiar with contracting property that has a pending insurance claim. If I want to let the owner keep the proceeds, is there something we need to be careful about?
Has anyone filed a claim on their property and had trouble getting their insurance to pay what you thought was fair?