Lakshay G.
Maryland Residential Lease (Purchased from BP) Question.
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...
Patricia Moore
Benefits of “Subject to” and Insurance
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...
Benjamin Goodpasture
Off market deals in KC. Need some feedback!
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...
Jackie Patterson
Does anyone know the requirements:
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...
Ed McIver
Do Properties have a DSCR? I think so
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 ...
Dan Shoemaker
software or web based apps to manage contractors?
Does anyone have suggestions? I'm looking for a task management and timecard tracking application to make sure contractors are as productive as possible ;-)
Dree Hayden
How Do I Lower My Monthly Mortgage So I Can Rent Out My Home?
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...
Susan H.
When Good Tenants Go Bad
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...
Fillipe Silvas
Do I have an asset or a liability??
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...
Brendan L.
How to remedy situations like loss of electricity or heat?
Novice landlord who just took on my first set of tenants. The electric company shut off the electricity after the previous tenant had left and so new tenants had no electricity and no heat moving in yesterday. Legally...