Hey everyone! Im working a deal with my grandmother and part of the negotiation is to do a "ladybird quit claim deed". This was suggested to her by her banker to pass her asset on to the person of her choosing to avoi...
I have a contract on a 4 plex and have always used Farmers Insurance. I received a quote from Foremost which is almost half the cost. While I will carefully review and compare both policies to make a good decision, I ...
Hello all,I'm curious how you would handle a situation, or if it has happened to you, how did it play out?I've got 7 properties (4 traditional SFR rentals, 3 room-to-room rentals), all insured with one local broker. O...
I am looking to purchase a duplex subject 2, keeping the low interest rate, while seller financing the rest of the equity. I am a mortgage professional by trade and the one worry I have is changing over the taxes and ...
Hello everyone!
I will be a new landlord of an SFH in the Dallas area for the first time so I am not familiar with how things are usually "done" in TX or Dallas.
Here are some of my questions.1. It's a brand new ho...
BPers,I am closing on the house on 4/10 but the situation has gotten little more complicated. The seller's (Owner's) relative who managed this property is not surrendering the keys to the seller. Seller wants to clos...
I got this email recently. Where is the legal directive for collecting this info? What happens if I don’t supply it?As our office is moving forward to ensure both current laws and new regulations are met we need to up...
I purchased a duplex in June in the South Jersey area to house hack with the expectation that the roof would need to be fully replaced, including decking. I also have a dead chimney that I want to be brought below the...
We had a hail storm move through the area last Saturday. I had one rental get hit bad. Roof is trashed, vinyl siding on one side of the house has about 200 holes in it. Another two rentals need new roofs, but ha...
I see the term Expense Ratio tossed around a lot on the forums. This was not a number I have been using in my analyses so I wanted to gain some clarity on exactly what is included in this number. For instance, I bel...