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What are your opinions about buying rental property in a flooding zone? I rented in one area and it survived through Harvey - the street was flooded but the water never made it to the garage. However, the area is in a...
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Hi BP, Had a water pipe burst in my rented condo last weekend. The condo is part of a 3 unit HOA, with a Master insurance policy. I also have my own landlord policy. I have claims into both insurance companies now as ...
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If a real estate dealer starts an LLC to rehab properties, and will be dealing with all cash for the purchase of the properties and operating capital without any loans, what are the options available from an asset pro...
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After the end of a 3 year lease tenant moved out. When I inspected the house I found several move out items (specifically required by the lease) to be incomplete. The charges for the carpet cleaning, window cleaning...
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My house was attached to another house, which caught fire due to the owner's negligence (most likely, unconfirmed at the moment). I'm going through the motions with insurance, and a restoration company already. I thin...
Hello there,I am new to the forums though I have been an avid listener of the podcast for a while now. I purchased a condo as a buy and hold six months ago. My first tenant's boyfriend appeared almost immediately af...
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How do I structure a seller financing deal? I understand about coming to terms with price, terms, and time period. But how do I go about making it binding? What kinda contract do I use and does the deed go in my name?
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I had quit claimed my home so deed is in the name of llc. I need to stay here for one more month before tenants move in after which llc dwelling policy kick starts.In the mean time my insurance agent said they will ad...
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I have a NP second in KS. Currently there is equity in this home. According to Netronline, the first has initiated FC (in April) but now, according to court info the case is "on hold for loss mitigation" I contacte...
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How can I protect my assets, I am owner occupying a duplex in Middletown, Connecticut. I currently live in the first unit with a roommate and have tenants upstairs, Unit 2. I plan to officially move out so my roommate...