have a borrower who doesn't have insurance and is way behind on payments. Any recommendations ?
Hello, wife and I have been shopping for insurance policies for new rental condo. Property manager wants to be put on a 1 million dollar liability policy.Is it possible/good idea to get lower liability insurance poli...
Seems it has to be in place prior to closing, so I considered it an entrance cost...any opinions?
I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...
More drama with my recent 203k and i need some insight....We have moved into our 203k rehabbed house about 3 weeks ago. Last friday someone broke into our house and stole about $5000 worth of personal property. I cont...
Hi BP!Today my duplex caught on fire. Thankfully, only one of my tenants was there and she was able to get out safely and call the fire department. So thankful this didn't happen in the middle of the night. It could h...
I just had a drunken driver rammed his Chevy Silverado into my rental home at middle of Friday Night. Thankfully the tenant’s son survived with bruises & lacerations, who was right at the impact point. The truck w...
Hi All,
I listened to one of the more recent podcasts that talked about subject to deals.
Does anyone have experiences with the tax consequences here? I would imagine that the mortgage company will sen...
My friend just purchased a foreclosure. He's fixed it up and is now placing it back on the market to sell. He thought he was about to get an offer but when potential buyer called insurance agent, they told her it...
Hello I'm newer to working on pre-foreclosure properties and I'm working with a seller to try to take over their mortgage "subject to." Their payment used to be about $400 but it's jumped up to $1,400 with about $1,00...