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So my attorney tells me that he won't file for foreclosure because the Sept CDC order (Temporary Halt in Residential Evictions To Prevent the Further Spread of COVID-19) does not provide a deadline or time limit for ...
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Hello!
I am purchasing my first rental property in a few weeks. I have gotten several quotes for Landlord insurance but only one quote included General Liability limits of $1M occurrence and $2M aggregate. Is it nece...
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Hi everyone!I currently own two properties. Both of them are insured with a landlord’s policy from either Allstate or Safeco. I’m interested in getting a personal umbrella policy (PUP) as well, but I’m not sure if I’l...
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I have my Wisconsin rental listed through cozy.co as well as Zillow. Cozy.co allows to tenants to submit a background check and credit check for $39.99. If I'm understanding Wisconsin state law correctly I would hav...
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I just acquired a house for cash in the city of Cleveland. I've owned it for about 30 days and today I got a hang tag on the door saying the plumbing inspector was here to inspect the water heater. I called the city a...
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Can anyone suggest a great book for helping overcome a limited belief mindset?
I recently applied for an $80k HELOC to cover some of the purchase price and rehab costs of a deal I was looking at. Yesterday the bank called me and said that I qualified for up to $170k. Of the original $80k I app...
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At my local REIA meeting, there was a sentiment from the more veteran players (particularly the mortgage brokers) that Fannie MAE/MAC will change mortgage allowance from 4 to 8 soon to help relief the number of forecl...
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I recently purchased a SFH, did the hard money, did the rehab, and am ready to refinance. Taking into consideration the LTV of 75% and all the other factors I was expecting about $8K back from the refinance. I f...
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I was very inspired by the latest Webinar on the BRRRR strategy. I am curious as to if anyone has done this and found that undergoing a rehab in an offseason was detrimental? For example:Purchasing a home in Sept. and...