Steve V
Is the appraisal system changing?
I was told that lenders will no longer be able to choose the appraiser or give the appraiser a copy of the sales contract prior to the appraisal. My understanding is that when a lender needs an appraisal they would r...
John Teachout
Service animals, are they a pet?
I recently rented a SFR and was told the prospective tenants didn't have any pets. We have a no pet policy for some of our properties and allow some small dogs for others (no cats). This property would have allowed sm...
Derek Nienaber
Buying subject to in FL
Hi Everyone,
I would like some advice on buying a single family home subject to in the Pensacola FL area. The owner has a loan of approximately $40k which is VA and non assumable w/out prior consent. I would like to...
Natalie Sologic
Non Renewal of Lease Due to Increased Tenants
I have a one bedroom apartment, part of a quad plex, that has a month to month lease. When the lease was signed, it was 2 occupants. Within the last year, they’ve had 2 babies (one year old and newborn). In addition t...
Rick Bassett
Prefer to rent from owner
I've been renting houses for some time now and I'm always taken back by the comment "I prefer to rent from an owner/landlord directly" from prospective tenants. My inclination is that this is a red flag as it immediat...
Eric Hu
Should I put property in LLC at Closing?
Hello all,I'm under contract for a duplex in Chicago right now and I was wondering if I should put the property into an LLC at closing or hold it personally for a while. The plan is to refinance the property in the fu...
Shawn Ginder
Duplex purchase in Red Lion PA
I am considering a duplex purchase in Red Lion PA looking for any advice on the area for a rental and any other tips you have as I analyse the deal.Here are the details:On North Main street in Red Lion, PA - Dallastow...
John Vietmeyer
Did your LLC work for you?
Does anyone have a first hand example of how a LLC worked, or did not work, for them?I currently have 3 properties with an umbrella policy and an could contemplatin setting up a LLC moving forward. I actively manage ...
Darrell Bratton
Triple net lease to an LLC
I have a Condo and I would like to sign a triple net lease to my LLC as opposed to doing a quit claim deed and risk the due on sale clause. I have found more than 2000 postings on Triple Net Lease but it is taking to ...
Ben Freiman
Tenant Improvements Policy for SFH
Hello BP. I have a good problem with my new tenants in my SFH. They are a family of 5 and make good money, just don't have the best credit. Signed a 2 year lease with interests to stay longer, but didn't want to lock ...