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I’m getting ready to make an offer on a residential triplex, which I plan to convert to a 4 unit mixed use building. My first question is should I just get quotes as though it was a commercial mixed use now or go stra...
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Hey I was just wondering what everybody does when first buying a property or when they are doing a rehab, what are some things you replace or do to cut some on repairs or maintenance? For example, I always replace rub...
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Ive been reading a-lot about lending and how to get approved for the loan you want, I recently came across a section about how creating a LLC will turn residential lenders away from you. I was planning to create a LLC...
Hello, I'm working on a single family deal in san francisco, where it is difficult to evict tenants that don't pay. The tenant has been living there for quite some time, but he has not been paying for a while. the sel...
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This post pertains to purchasing property “subject to” an existing mortgage. Investors seem to have strong opinions about the legality of this type of purchase. However, it is not helpful for people to state their u...
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Hello!I’m planning on purchasing my first rental this year here around Richmond, VA. From everything I’ve heard it’s best to have it under an LLC to separate it from my personal finances. I also understand that some...
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Just read this: Sec. 210-7(d)(3) permits any of the following installations when replacing a 2-wire ungrounded receptacle: (a) Replace it with another 2-wir...
Hi, I have an FHA loan on our primary residence, and we have lived in the home for more than a year. We are moving and I want to rent our home out.What are things I NEED to make sure are completed before renting my ho...
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Hello, Was hoping for some advice. I just purchased a house near a college. I have some students that are going to come and sign contracts for the house. Should i put my house into an LLC or just do everything thro...
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Do you carry insurance of the house is paid off and no mortgage?