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I was wondering if someone could explain the difference to me with regard to being named as the Loss Payee and/or Additional Insured. What does each do, and how are they different. I'm specifically asking in terms o...
I was able to secure a residential lease from another helpful BP member that I’m comfortable with, however, I’ve been doing more research and it seems like some of you use additional addendums to set tenant maintenanc...
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Hi everyone! I read in a book recently that if you are looking at a multi family property with the intention to househack or as a rental, that 75% of the market rents in that property count towards your debt to income...
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Last September I purchased my first investment property and currently have tenants in the home. The home was listed as a 2 bedroom 1 bath but it actually has 3 bedrooms and 2 bathrooms. The house has an unpermitted ad...
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I recently signed a lease with 2 college women. Deposit was made. Move is is not for 2 weeks (April 2013).
Received a call from one of girls father's demanding additional upgrades in kitchen and floor. Daughter has ...
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Hey guys, We just acquired a flip project in Dallas. An architect told us that the city of Dallas is backlogged by 8 weeks for approving addition permits. I understand, we as a city, have though a lot recently but thi...
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Hey fellow investor,I am looking at a property with LR-1 zoning (6000 sqft lot), and the existing structure (~3500 sqft) is built on one side of the lot with a big back yard. I am wondering whether I can add another s...
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Hello BP, I am having trouble expanding on my current portfolio. I am not getting approved though any lenders and Ive spoken with 8 different companies. The problem that keeps coming up is my DTI doesn't meet their st...
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I purchased a property over a year and a half ago through a 203k renovation loan. The property is down to the studs, so even though it's technically a renovation, it will be like a new build. The plan is to convert it...
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I own a condominium in the Olde Kensington neighborhood of Philadelphia, PA. The insurance policy I have on it is the HO6 policy. This will be my first rental and want to make sure I've got all of my insurance in plac...