Hello, my question is about being debt free. As I have been getting my personal finances in order by being debt free and having a savings. I was wondering should I do the same with my investment properties? And does a...
I own a 3-family property in Massachusetts and use a property manager to handle nearly everything since I am currently out of the country. I've used this particular manager for 2+ years now and haven't received any co...
Met with an Asheville, NC attorney today to establish a potential relationship for future closings. When we mentioned the various types of transactions we might be bringing, this attorney proceeded to condescend to m...
Hey guys,I'm looking at buying a 4plex but I have a few concerns.My last duplex I purchased back in January had an older roof, older water heater, and older AC system (air handler). The insurance company started givin...
Just thought I would start a thread about the weirdest, funniest, and most common requests from tenants you've had where they state, 'it's the law', when you know it is not.My most recent one was an inherited tenant t...
Hello,How long does a title company realistically need to perform a proper title search on a single family home?Is the title company responsible to find "any" lean that can show up against the property?I have bought s...
I closed on a house about a month ago. Yesterday I received a call from my Title Company saying I need to write them a check for $10k. I went back and took a look at the HUD sheet and it appears that they wrote my dep...
I have a number of properties I purchased cash in the last year for around 50-70k each in North Carolina that are currently rented at market rents. I need to find financing for them and I don't want to use my conventi...
When do you perform a title search for a wholesale property?
First, I put a contract on the house from the seller.
Then, I assign the contract or double close with another investor.
Where in this process do I do the ...
Hi All,I recently went under contact on my first STR, Yay!The property is already an STR and the current owners have bookings confirmed into July.The closing date is set for March 30th (meaning, I will then take over ...