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...
New investor here. Would very much appreciate any advice on how to go about getting the most out of quit claim deeds. My mother currently has two properties. Her own and a rental. She doesn't want anything in her name...
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...
I have a seller who bought a house on a land contract and wants to give it to me. To say the contract was basic is an understatement. Explained purchase price, monthly payment (including taxes and insurance), how muc...
thanks for any advise!I purchased rental property on April in Soth CA, now is raining season, the tenant report the roof is leaking, the seller has house warrant insurance, but insurance does not cover roof leaking. I...