My PM came out with a new contract. It now requires me to get a liability insurance policy, and add them on the policy. Is this normal? My attitude is that I should only be responsible for my negligence, not theirs. T...
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Hello,I have an offer accepted on a multi-family property and I'll be moving into is since I am acquiring it through an FHA loan. The lease that the landlord uses for the current tenants appears to be a very good leas...
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Hello Everyone
I am a seasoned investors from Charlotte, NC. New to the site, but not new to investing. It's times like these when experience pays off.
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First time investor. I bought a single family home for cash in November, did the renovations and now have tenants. To pay for this, I used a heloc on my current home. Question- do I keep the heloc I have and just pay ...
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I got a call from a friend of mine today who does rentals in another part of the country in a "nice" town. While inspecting potential deals he walked in on a dead rape victim.
Folks, when you're inspecting propert...
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I was reading USA today and I read that there was a 70% drop in first time buyers. They said that less people are buying and more people are moving in with friends and family. According to this statistic, prices are...
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I am a small landlord in Upstate New York. I have a tenant that has not paid me since December of 2019. In 3 Days it will be 13 months that she has not paid and yet my state will not let me evict her for possibly anot...
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My Journey from Residential to Commercial Real Estate
How I Got Started in Residential
I got started in residential real estate after I was released on waivers from the Oakland Raiders. I suffered an injury that I k...
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In a SubTo deal, as the seller, can someone walk me through the lien part? Placing a lien on the property to guarantee payment from the buyer, what if the buyer wants to sell/refi? Does the buyer always have to pay of...
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Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...