If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?
I’m in the works go setting up an llc for fix and flips for asset protection, up till this point Ive been set on doing a single member llc since I wont have any partners. I’ve been reading Loopholes of Real Estate and...
Good day!I recently got transferred to San Antonio from Kilgore Texas and I need a property to live in. I'd love to house hack a duplex or triplex if possible. I have a good w2 income and money saved up to do it I jus...
Recently a tenant moved out of my most expensive rental---a 4 bed, 3.5 bath, fully fitted out basement with 9' ceiling that is a walk out, 5 year old "Builders Model Home" which is now a rental for me at $2,500 a m...
Do you perform an annual walk through of your unit each time an existing tenant renews a lease? Verifying if smoke detectors are functioning, appliances are running and water pipes are not leaking is a plus. Thoughts?
Hi all, I am a new real estate investor from Oklahoma City. This door of opportunity opened up for me from a friend that referred me to an investor she purchased a house from. He was looking for someone to do business...
* Newbie (Couldn't figure out how to edit the title.)
Hi BP Community,
First let me start by saying how addicted I am to this site. So many great people, and so many learning tools.
I am curr...
Brief background: I am setting up a CRE investment company. For a single member LLC, who's only manager/member is me, is it worth filing with an attorney (quoted around $500), or using documents found online now and h...
Let me lead with: we have had it with Equity Trust!! We've got about 12 rentals in our IRA and do 4-6 buys per year and of course deposit all those expenses and rent checks every month.We will move to a different cu...
One of my tenants in a fourplex I recently purchased, March 2014, has been giving me the run a round with respect to rent. The very first month, April, she was late and claimed the bank made a mistake. I gave her...