RJ M
AC Unit Was Stolen After Contract Was Ratified
I have a contract on a property that I went to view out of state. When I looked at the property there was an AC unit. Per my lender's request, I ordered a BPO over the weekend, and I got my report which stated that th...
Derek T.
Buyer asking for repairs after closing!
I recently sold a renovated house that had an older but operable water heater. In the contract it was asked that all mechanicals were in working order at time of the inspection, in which they were and everythin...
Ratesh D.
Earthquake Insurance in Bay Area
Hi All,Are you taking out earthquake insurance on your investments in the Bay Area whether for SFH or Multi? I know a lot of folks who see this as a waste of money or a unlikely event, but give the huge financial inve...
Laura Thorne
1st proprety: duplex or go big?
My husband and I are looking to purchase our first rental property, with the intention of acquiring more and more units over the next 30 years. We have enough money (currently invested but not making much and we have...
Ann Bellamy
GoHoming.com / Altisource
I thought I'd relate my experience with the above website, and see if anyone else chimes in with their experiences with this company. They are apparently a clearing house website and the people are in India. The loc...
Ray Jansma
Multiple tenants screening
I can't seem to find a concrete answer on this: If I have multiple applications that fill out a tenant profile can I choose which one I believe would possibly be the best tenant before processing that application fir...
Deborah Burian
Structure Multiple LLCs
When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
Sam Leon
New FEMA flood maps rezoning
I just checked all my properties against the latest FEMA flood maps here:https://msc.fema.gov/portalNow sometimes your county may also have a layer of this in their GIS system.In any case I noticed three of my propert...
Rich McElaney
Coronavirus Impact on Beach Rentals in North Carolina
I just found a Coronavirus discussion on the main discussion board but wanted to drill down more specifically to get input from current STR property owners in the North Carolina Beach areas. I have a pending deal for ...
Aaron Xie
Tenant wants to put a hot tub
The tenant wants to put a tub in the back yard. They will pay for the purchase, installation, usage and maintenance of the tub. They will also be responsible for any possible damage to the house (such as leakage). Whe...