Brian Hansen
Assumable mortgages for investment properties
I found a property that has a conventional loan on it by seller (definitely not FHA/VA). They are claiming this conventional loan can be assumed by the buyer and have paperwork from the bank to start the process.
Has...
Gabriel Mortensen
“Gifted” Property in Seattle
New to real estate investing through unexpected scenario. Looking for guidance on how I should approach this from my specific situation. Here is the current situation.
1. Father in law has a home in Seattle worth...
Dean Attali
Should I ask my PM to pay for bill they can't get reimbursed?
I own one side of a duplex out of state, it's managed by a reputable property management company.Several months ago I received an email from them saying that there was a large plumbing issue that had to be addressed i...
Carl Johnson
Tenant Injury On Rental Property
Hello,In a house I rent out, the tenant fell and broke their arm on a staircase a year ago. I reported the injury to my insurance. The tenant has yet to give any information to my insurance rep. The steps were in dis...
Andrew Hinspater
LLC in State or Out of State?
Hi everyone, my business partner and I have just purchased our first rental property, and are now thinking of the best way to manage the property from a business perspective. We've looked into and are pretty convinced...
Lenny B.
What should be the amount of Umbrella insurance?
Hello everyone,I've been trying to figure out the answer to a question about how to come up with the amount of umbrella insurance coverage I need. I used to have $1M umbrella, but my insurance agent says I am signific...
Eran S.
Buyer suing seller after sale
Hello fellow real estate-ers, wanted to share the following experience and get your thoughts:I sold a house (primary residence but was vacant for a year) about two months ago. The house was partially renovated but wit...
Robert Haney
$$ Eviction Tips for Texas (other states too?)
I AM NOT AN ATTORNEY AND I AM NOT GIVING LEGAL ADVICE. SEEK LEGAL ADVICE REGARDING ANYTHING SAID BELOW. It appears that many landlords are unaware of how to stay out of costly County Court after a tenant appeals a ...
Grant Smith
Tax write-offs early on, and before a first property
Hi all,I'm taking action to flip my first property this year. And, I also intend to wholesale - both as a means of building up capital which will then be used towards buy and hold properties. With that I have already ...
Juan Abreu
Adverse Possession Affidavit?
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...