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Mortgage Company Blues
I paid off a mortgage in 05 (one year ago). About a month ago the mortgage company sent me a letter saying I owed them $1400 because they inadvertly applied someone elses payment to my account in 05. They said the p...
Peyton LaBarbera
Statutory Right of Redemption Question
I was wondering if when I buy a property at the auction and the right of redemption period is let's say 6 months can I sell the property once I have finished my renovations (fix and flip exit strategy) or do I have to...
David Yandel
First deal, need help with insurance
We just made an offer on our first deal. We are in Fl. The goal is to use this property as our main home for the first year, and then move to LTR. The main question and something I am struggling with is homeowners ins...
Daniel Patterson
Bank financing
If you have great credit 800+ will banks take less of a down payment? How much less?
I really don't want to march into a bank and ask if it's way out of line.
Elazar Kaikov
Shuld I consider buying a propert with swimming pool?
Hey guys,I am considering to purchase a property with a pool.I know that its against me and thats way I don't want it.The question is if someone know to estimate the price of filling it? And beside that please tell m...
Michael Sarrail
Rental Property Coverage
New to the game and buying my first rental property. SFH in Independence, MissouriI would like to know what type of coverage you buy for your rentals.Replacement cost or actual value? High or low deductible? Basic or ...
Daniel Frank
Residential Lease to Group Home
Hi BP, Our agent brought us a deal where a colleague is interested in renting our residence to, in turn, manage a group home for kids and teens that is state funded. It requires us to build an additional bedroom. We d...
Andrew E.
PM Tenant Screening - Turning over records to Property Owner
General Question: If I am hiring a Property Manager(PM) to market a property, and locating and screen tenants under a 'Leasing Only' PM agreement, is there any expectation that the PM will pass own the tenant's applic...
Lukeisha Carr
Banks Balk at REOs Wholesale Deals
Hi Everyone!I learned the other day that most banks, if not all, will not accept wholesale deals as typically executed. The advice received was to create an LLC during the option period (a new one for each wholesale ...
Sonia Thornh
Looking to Expand Successful Short-Term Rental Operations in Houston
Hello Everyone,
I currently manage a highly successful short-term rental arbitrage in Houston, boasting over 170 reservations in the last three years. I am proud to have achieved Super host status on Airbnb for the p...