Closed on my first home (ower-occupied for now, house hacking with room mates) just a few weeks ago. Settled in about a week ago and now my basement shower backs ups when water is used anywhere in the house. After get...
Hello everyone,I have a question about HOA.On my condo complex, we have a total of 16 units. There are no swimming pool, no kids playground, nothing. Just some green areas here and there. That's it.We pay $318/month! ...
I am a new to investing in real estate. I was told that I should have a title insurance. My question is what is title insurance and why I need to buy the insurance.
Well, not really. But I have been before. Now that I have your attention, I want to talk about your and my liability as property owners and what we can do to limit it.
The first order of business when you acquire...
Hi BP! I'm attempting to solve a challenge. Currently we have 20 units, all needing mowing/lawncare.Currently I have about 6 companies handling this because the units are spread throughout the Chicago suburbs. Althoug...
I’m purchasing rental properties in Rochester NY but this is a pretty generic question for all locations. What are most investors insuring their rental properties for? Replacement costs or purchase price + rehab + clo...
Hello everyone,I have been listening to, "The Book on Rental Property Investing," by Brandon Turner and it sounds like a good property manager is hard to come by. Most property managers are terrible, I think I heard i...
When I self manage my own property the repair are minimal, once turn over property management there is repairs from time to time and I don’t make much money. As well tenant turn over are higher because they increase m...
I have spent the last 3 month trying meticulously to take care of my credit and not have anyone check it unless absolutely necessary. I have a pre-approval letter from an investment mortgage company, but wanted to hav...
In my Kansas City (Kansas and Missouri) Double Escrow is now illegal. How do you handle Assignment contracts without parties having a problem with the amount of profit?