Chris Versaw
First time trustee sale buyer
I am a first time investor. 31 years old , own my personal home and looking to buy my first foreclosure at a trustees sale at my local courthouse. I live in central Nebraska and very few people attend these auctions i...
Thomas Younker
Insurance on Rental Properties
What deductible is typical for single-family rental properties? I have some companies that won't quote me anything less than 3% whereas other have quoted 1%.
Giovanni Cortorreal
Using Land Trust and Land Contracts for my clients
As a Realtor, here is what I’m planning to do to assist my clients who do not have credit, yet they have a good chunk of the money needed to purchase a home.
1. The seller creates a Trust and deeds the property to th...
Erin Anderegg
Due Diligence Checklist
Hi all,I am working to get my first property under contract (currently a SF, the other MF offer wasn't accepted). I want to make sure I am looking at all the right things once the property is under contract to ensure ...
Dustin Ruhl
Why Investors Should Hope For The Best But Prepare For The Worst
People who are willing to invest in a business are generally upbeat, optimistic and excited by new possibilities. All this positivity can make one a little reckless. It is important to remain level headed when looki...
Dan Remmert
Security Deposit/Pet Deposits
Looking for advice on security deposits and pet deposits in the Central Illinois area. How much should I get for security deposit? Should I get a nonrefundable pet deposit ? and/or addtional $ per month? I don't have ...
Joseph Helms
Do I have this right?
Note: This is my very first investment. I purchased a B2R in Cape Coral Florida. My financed amount being 231k but these are retailing for 310k... So if I see this correctly i could get a 2nd lien HELOC on this prope...
Adam Craig
Best way to get bonded and insured cheap.
Background - I have 20+ rentals and we rehab about 14 houses a year. Some flips some turn into rentals.I have several crews working on multiple projects at all times. The big companies I used for things like windows/r...
Nancy Lamar
Who am I paying when I buy a house that owes taxes?
If a homeowner offers me to buy his house before he gets a tax lien or before it gets auctioned due to back taxes owed on the property, who would I be paying? I figure I shouldn't give the money to the homeowner si...
Kimnee L.
Handyman fell down the roof
Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...