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In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure). Is this even a feasible solution? I could n...
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I'm currently receiving quotes to insure a rental property owned by my LLC.Due to the LLC, I'm being quoted as a commercial policyholder, although the home is a single-family residency. Is there any method to avoid t...
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I just closed on a 2050SF brand new construction home . It is a pretty nice home. It didn't come with AC but was pre plumbed for it. I have connections with HVAC guy and I had him install a 2.5 TON unit. He said he co...
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Hello to all,I had to send a contractor to waterproof the basement of my rental unit. The contractor did some concrete stains on the tenant's rug.The tenant is asking me to refund her the rug. As the contractor is wil...
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I have a relative (in-law) that is selling me a house for dirt cheap:($18k for a house that will be worth ~$45k after about $10k or less of work)We're not involving any realtors because that seems unnecessary and woul...
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Here's the deal.I called a law firm to
ask them if they could represent me in obtaining
"excess proceeds" from the tax foreclosure sale, but
they told me that only the former owner is entitled to
those proceeds, is th...
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Hello,The major Ohio Metros (Cleveland, Columbus, Cincinnati) appear to be some of the best cash flowing metros in the USA.I am looking to begin developing a portfolio here for properties that are <$150k. I need to...
for the past couple months while working on my fixer, on the sidelines had been dealing with alot of stray cats on the property (its a huge lot for the area) and 'catching' the feral cats and taking them to the shelte...
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There are some new discount property management companies that charge 6% instead of the more typical 9% and have data showing that they keep vacancy and rents the same as the 9% alternatives. I'm wondering why they ha...
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Good Morning. I am a new investor. I have to rental properties in the Springfield/Xenia area. I have been managing them myself so far but I am ready to pass that work to someone else. I am looking for some guidance...