Danial Qureshi
Freddie Mac now allowing LLC transfer (as of 10/20/2021)
I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
Robert Murphy
Flood Insurance is Changing Things you should know.
NFIP 2.0 - What’s Changing with National Flood Insurance and Why You Should Care.
It’s been a long time coming, but reform to the National Flood Insurance Program (NFIP) is on the way.
Risk Rating 2.0 (that’s how w...
Mary M.
Do you rekey when turning over a rental?
I always rekey all the doors in my rentals when I flip the units for a new tenant as I always worry about the liability of keys floating around. What is your practice ? What would be a landlords liability if a key fro...
Cayton Green
Lender changed Loan terms day before closing
Hello,
My GF is in a pretty frustrating situation with her current lender and I wanted to explain the situation to hopefully get some guidance on what she should do.
She is currently in the process of a cash-out re...
Naomasa Hase
Refinancing mortgage that is now an investment property
I was wondering if anyone has any experience or knowledge about refinancing a mortgage that was initially a primary residence that has now turned into a rental property.In 2015, I purchased a condo on a physician loan...
Zee Ayezain
Tenant didn't change HVAC Air Filter for over a year
Lease requires monthly change of Air filter. I send reminders. I know i should just do it myself but I'm far from my units. I realized the tenant never changed the filter, i still have security deposit. Should I charg...
Norman Ashworth
Commercial Property Investment to generate income
Hi,
My wife and I will be relocating to another area of the country and I was looking into commercial property as an income until I get my business up and running. It could be 6-12 months before we have a reasonably ...
Timothy C.
Am I able to charge market rents on a RSO duplex in LA delivered vacant upon closing?
Hello everyone! I am working on getting a duplex deal finalized in LA that is zoned with RSO. The bad news...well RSO in Los Angeles is just a nuisance. The good news...both units will be delivered vacant at closing.
...
Yaping Zhang
What to do when financing property from LLC to own name
Hi All,Recently I'm refinancing a property from my LLC to my own name. There's a tenant in the property. What should I do about this?Basically, I'm using the same property management company for the property before an...
Ayo O.
Capital gains tax question here
Hello BP,I will be selling a house that use to be my primary residence from 2009-2015.I am being made to sell to a railway company through eminent domain.The house became a rental from 2015 till date.I was wondering i...