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Helloin a 2-4 unit property what are some safety measures have you taken?. I remember somebody telling me two years ago about fire alarms being very important, and how that safe him from legal trouble when one of this...
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How does home insurance works when it comes to investment property? Owners usually put in the lease that tenant will be responsible for insurance.What happens if tenant doesn't pay the insurance or miss a premium or d...
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Closing secretary provided the Statutory Short Form Power of Attorney for me to sign and get notarized.But the NOTARY section at end of document has the STATE OF NEW YORK COUNTY OF NASSAU filled out!Obviously I'm gett...
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I’m buying a condo using funds in my self directed IRA LLC’s account at Wells Fargo. I’m using a hard money lender to finance the deal. My operating agreement for the SDIRA clearly states my name as the manager of the...
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Hey BPI have seen recessed lights above shower in home after home in Philly. I assume the circuits for these lights are GFCI, but I have also heard that a recessed light above a shower is not up to code. I can see why...
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Hello BP world:I am a moderately experienced RE investor but nearly all of my investing has been in large scale MFR properties as part of syndications as LP and 1 as GP.However over the past year and more actively int...
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Will banks count a 401k for 6 months reserves for each of your properties in regards to buying another property?
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Just came across a note(would be my first one). Believe its a re-performing and I just want to get my feet wet. I managed to find out that the taxes has been paid on the property. 1. How do I find out if the mortgage ...
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In Michigan is it state law for the Realtor or buy to have pre-approval in hand prior to securing purchase agreement
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Newbie here. I just purchased my first duplex…we closed two weeks ago. Positive cash is good. We’re set on cruise control. Good renters, property management is solid, I’m out of state. Now I want to do it again…the pr...