I have a few triplexes in Philadelphia. A certain management company runs everything for me end to end. The fee they charge per month is reasonable in the 4-4.5% range. They also charge one month rent for placing new ...
I purchased a performing note and it looks like the borrower has not paid the property taxes in 2.5 years. How do i track this property before it hits the tax sales? Is that automatically tracked by the servicer ?
Buying a fire-damaged SFR sub2 in which the insurance will cover the entire cost to repair/renovate (the house is gutted to the studs, so I will wind up with a 100% brand new interior). I will be using my contractor w...
Hi, I did private lending to one of my friend , he mortgaged his investment property as first lien with me.agreement was that he will pay interest monthly, and he was almost regular on that.in July that property got ...
So I just purchased a house with an older roof in Florida where a 4PT inspection is required. The 4PT verified the roof was acceptable with 5 years estimated life. I had to go off the standard market to get insurance ...
I have 19 property’s and 17 are paid for. I have only carried insurance on the house I had and my wife had before we got married. They both have loans on them. Many if not most of the other property’s have liability...
In my everyday experience interacting with landlords, I have noticed a few things that are surprising to me. Often times the smaller scale landlord/investor does not take into consideration certain liability exposures...
Several files closed with the same title company and they apparently have an issue with the mortgage on the property not being to the county's standards. The county kicked back the mortgage and deed and haven't recor...
Hi guys, I bought the house I live in back in May 2019, so I've been here for 9 months now. We are on 3 acres at the top of a steep hill; like mountain goat terrain. Today our neighbor at the bottom of the hill called...
Hello again,I am currently struggling with my debt to income ratio with the purchase of my first income property.Only have one car payment and my personal property (mortgaged), which I plan to turn into a rental in th...