RE: HOME WARRANTY PROTECTION provided by seller required by law. Little known risk is BC Canada: Sellers are obliged to provide buyer with "Home Warranty Protection" Insurance when if they have performed a significan...
I'm looking at purchasing a 7-plex multi-family building. Asking price is 229k. The trailing 12-month NOI is 27k for a rough cap rate of 11.7%. Avg rent of $500 per door. That seems decent to me. Yet, the building has...
I'm getting ready to have my first property under contract and I just introduced myself to the neighbors. They have been in their home for about 34 years and I actually dated their daughter 20 years ago (small world)...
Hey everyone,
So today my first ever tenant is moving in. I have a lease ready to go, a Move-In Move-Out Checklist, extra keys have been made, and some information on the neighborhood.
I've already informed them of...
I have an appiontment to go look at a property that could good a good rental house. It is in a good nieghborhood, 4/2, the house is empty and the owner lives out of town, its on the corner but both streets are not bu...
On July 21, the Pennsylvania Supreme Court unanimously decided that a murder-suicide in a property is not a material defect that a seller has to disclose to a buyer.In the case of Milliken v. Jacono, the PA Supreme co...
We bought our first rental property, a triplex (home converted to 3 separate units) after several months of searching for the best deal. We found out after that this property has several open code violations and 1 or...
I just bought a 4 family, and two units have 1960's gas stove/oven combos. Is is cheaper to replace with a existing gas stove or convert to electric? Anyone have experience with this?has anyone installed electric base...
Hello allI have seen this term frequently on the site and must confess I am not 100% sure what is meant by it even though I am an attorney!So what are you looking for when you say you want an "investor friendly attorn...