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I am currently rehabbing my primary at the moment with plans to rent out this fall. I am doing mostly cosmetic fixes to a SFH currently. I am looking for thoughts on whether I should be proactive with replacing a 20yr...
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Hi FolksI have a duplex in CA and the lease requires the tenants carry a renter's policy. Recently there were some maintenance issues that required they vacate the premises and stay in a hotel. I've agreed in principl...
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Hello BP,It's only $1000 but with the language in the contract, it should be returned back to me. My loan was denied due to "excessive obligations" and "lack of income for obligations". I forwarded this to the seller ...
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Hello fellow investors, I am new to investing and landlording, I just got two quotes for my landlord's insurance. My rental is in Southern California.
What are the main things I should look for in the policy? What a...
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Hello, I need a good landlord policy coverage with reasonable pricing and great service. Any suggestions would be helpful. Thanks!
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We are selling a property via owner finance, but wrapping our current mortgage. The confusion is how to handle the insurance. I am getting different answers as to if we both need to carry coverage with us making the f...
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Hi all,My understanding is that real estate transactions are required to be "overseen" by an attorney in South Carolina. But I am having difficulty finding out exactly what all they are required to do. Does anyone h...
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We inherited a house which we are currenting renovating and plan to rent. Right now, the house is in my husband's personal name and we want to form an LLC and transfer from his name to the LLC. There is no mortgage on...
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I'm working toward buying my first rental property and I was wondering what were some things that people recommend getting set up prior to closing?For example: Should I get a business dedicated bank account and credit...
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A friend of mine that owns one investment property recently warned me of the need to require tenants to have insurance due to the "loss of use" liability. The main water line to his property recently burst, flooding t...