Hello All, Please helpI had a tenant moved in 2 weeks ago in Houston tx. I found out their job is fake, income is fake, they are professional tenant and they forged tenant insurance. they will not pay rent even they s...
We inherited tenants who want to break their lease. I am trying to find out if they have the right to do so? We would have been happy to help them move on early, but they did not ask for that. They called us and said...
Hi, we are excited to soon be closing on our first deal. We will be rehabbing a home that will probably take 2-3 months for the rehab. Is there an specific home owner's insurance policy for rehabs? the property is loc...
Hey everyone, I was hoping to get some guidance here. I have a tenant that is about 5 months into a 12 month lease. She just requested that we cancel her lease, because she had a divorce finalized and now she says tha...
I made an offer on a house on the MLS. Through our realtors, the seller countered. I accepted the counter offer. My realtor let the seller’s realtor know I accepted. My realtor began working on the contract. Late in ...
So this is a first for us, did a forum search but no luck. State of Iowa. The buyer wants to cancel the sale contract due to inspections and is demanding earnest money back. Do they need to provide proof in the for...
I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
I’m looking for advice on whether to hold or sell a 3 flat-first property. Note: This isn’t my personal property but I have a personal interest in it.
-Purchased an older 3-flat in 2019 at $250,000, with an FHA loan...
Hello,
I've been reviewing my business expenses recently and have been exploring different ways to control my monthly expenditures. One area that caught my attention is insurance, specifically the trade-off between d...
We own all our properties in LLCs with mortgages in our personal names as we switched them to the LLC after purchase. We never had problems with mortgage companies accepting the insurance in our LLC names until this y...