Can someone help me understand this term please? also, what is the reason a property would go through this process? I feel like there is some elevated risk in this case but would love to get some feedback on this.
How does an investor protect themselves and their properties from being ate up in a divorce?My friend who is a lawyer said that if you are behind $1 (one single dollar) a lien can be placed on any real property in you...
Hello Everyone,Could anyone please help me understand how mortgage notes are accounted and reported for the purpose of business tax return (form 1120) ? While searching the Net, I found a few different approaches - fr...
Is home insurance on rental property different from Renter Insurance? Also any good recommendation company who has good price for both home and renter insurance? Any information is appreciated. thanks
I have a property that sits on 2 regular sized lots for the area. I want to either sell off the southern lot or build on it, so when I sign a lease for the house on the 2 lots, I want the tenants to be aware of this a...
Recently, I met a man who owns multiple properties and some in the Bakersfield area. He mentioned that the Bakersfield area is sinking? Is that true? Property is pretty “cheap” compared to other areas. Like to hear fr...
This is fun. I had a break in at my house while out of town and I am now on the receiving side of an insurance claim. I previously mentioned I had a DP3 policy. I was wrong. I have a DP1 and specifically paid to h...
I'm not sure if it's considered a deal yet, but I found a HUD with a very low $30's price. Now the skinny is, I know this house and I know the area. My best friend from grade and hs lived in this house and I've been...
BLUF: Is the below Homeowners Insurance (HOI) coverage adequate for a $700,000 personal home with an attached one (1) bedroom multi-generational unit (aka: mother in-law suite)? Coverage F Medical seems low...
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Hello Everyone,
Can anyone tell me, from their experience, what the total rehab cost typically is for a property that's 1600 -1700sqft in need of a full gut job in NYC? In addition, can anyone recommend a good gener...