Matthew McNeil
Property Manager wants to be named as “Additionally Insured”
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
Bienes Raices
Insurance Strategy for these deals, am I on the right track
I went with the realtor to view the two houses I posted about in another thread.
Both houses have a half finished garage conversion which should probably be converted back to a garage, also one of the houses has a me...
Manny Apodaca
1st time home buyer programs/financial aid.
I was put on a quick claim deed to my parents home. It is paid for and had no financial obligations or tax benefits. Would being on the deed in California prevent me from claiming as a 1st time home buyer to financial...
Aliyyah Carter
Sheriff Sales in Philadelphia
I've been struggling with navigating the county's website for the sheriff sales. To my understanding, the auction is now online and no longer in person. Has anyone ever gone to the auction and/or what is your experien...
Josh Braun
Need help on my deal - subject to taking over mortgage payments
Finally landed my first subject to deal, but I need some help in getting it done. Scenario is as follows:Contract to puchase property will be at current mortgage balanceSeller is willing for me to assume his mortgage...
Tom C.
How to value a PM company
Does anyone know how people typically value PM companies when/if they sale them?
John Jacobs
Seller didnt reveal flood zone.Already in contract. Help.
I'm starting to feel like a jumped the gun a bit on signing the purchase contract. I just found our recently that the house is in a high risk flood zone and just took a large chunk of my returns. FYI the owner/agent f...
Donald Hendricks
Pitfalls of buying a home on owner finance terms
I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.
Question is, what are the pitfalls of buying on owner financing? What...
Philip Johnson
How to structure my LLC
Hi,I have numerous rentals and rehab them as an owner /builder and do a lot of the work myself but also hire out some of the work. To protect myself I am thinking about making an LLC only for operating the rehabs and ...
Amy Denzler
Seller Passed Away while Under Contract
Here's the situation. . .I am under contract on a property that was supposed to close next week. Unfortunately, the seller passed away and does not have a will or trust. So it looks like this will be headed to probat...