Hello Everyone,I have a question regarding the MD Residential Lease. On page 8, point 19B states "Landlord, in its sole discretion and for its sole benefit, shall cause the Premises to be insured as it deems appropria...
This post pertains to purchasing property “subject to” an existing mortgage. Investors seem to have strong opinions about the legality of this type of purchase. However, it is not helpful for people to state their u...
I am looking at buying two off market rental properties in KC. Both are for sale for $40k. My manager / agent says that one could appraise for $50k-$55k and the other $45k. He had an appraiser look at them. Both prope...
So, 3 months ago after we closed on one of our investment properties the titling company misplaced our cashiers check for a portion of the closing costs, in the amount of $10K.They reached out to see if the check can ...
I want to buy a triplex or fourplex using FHA financing but then would like to change the ownership into a LLC that I will create. Is there a time frame when something like this can be done?
Second question ties in...
Please check my Math
When analyzing rental properties I use the BiggerPockets Rental Property Calculator. It is an easy tool to use and it can quickly show if a deal is worth pursuing. Assuming the deal is good, you ...
Does anyone have suggestions? I'm looking for a task management and timecard tracking application to make sure contractors are as productive as possible ;-)
My current mortgage for my townhome is about $2,000. FHA loan first home. Rent in my area is about $2,200-$2,400. How can I lower my mortgage to make it worth renting out? I would like at least $500 plus in positive c...
Tenants of 3 years purchased a home of their own in March and decided to stay in rental through lease period so they could renovate. Requests for extensions soon followed, and I approved (in writing) the first request...
I recently bought my first home and live in it with 2 tenants. With their rents, I have enough to cover the mortgage and am left just with taxes and insurance each month. After reading Rich Dad Poor Dad, I am not sure...