Hey guys, there might be a better place for this post, but I am pressed for time. What are the terms of a typical small office/storefront? My mother is being asked to sign a lease with some terms that were unexpecte...
Whew! After a hectic 3 weeks getting ready for my first ever sub2 purchase, we closed yesterday! I used) documents that a local lawyer put together for me. Took 3 hours of his time to put them together (8 pages of...
Hi,I bought an investment property in July 2019 (all cash purchase). Took me some time to remodel it. Had to fix everything. Spent $12.5K on roof (did through a roof company) and then around $55K on everything else (w...
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
Hey, Everyone!Im relocating out of state and Im trying to get a financially realistic idea if I should rent my house out or sell it. I dont know how the homeowner to landlord "business" aspects play out and im really ...
I'm currently using safeco for my rentals, but I want to do some rate shopping. Any recommendations for a new insurance provider? Who is awesome with low rates?
Hi BP!! I received a text this morning that my tenant had left the water running in the kitchen sink, and it overflowed to the condo below. I spoke with the owner of the other condo and she sent pics, the water is o...
I wanted to ask if anyone has thoughts on fighting to have your FEMA flood insurance lowered. Right now I have a property that is in the AO zone. I was thinking about these 2 strategies right now:
1. Get a quote thou...
We're seeing quite a few foreclosures in our area on homes that had reverse mortgages. We've been told by our Realtor that the bank's asset managers on these properties absolutely will not entertain an offer less than...
So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:
“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee wi...