Hello, I have a 12 plex in Colorado Springs and First Bank is handling the loan.  They recently said I breached the covenant of the mortgage by not meeting their Debt Coverage Ratio of 1.3 in 2022.  Due to this, they ...

I have purchased a property from US Bank that while they owned it, they hired crews to remove of trash and debris.  One thing this crew did was bring in a backhoe, dig a large hole and put 55 gallon drums of car oil, ...

What can you do with, or how can you use a property deed that you jointly own with multiple people?My grandmother, when she passed, God rest, left a piece of land for me, my father and sister. The land does have sign...

Hey everybody, Canadian mortgage Associate and real estate investor here!As a mortgage professional, I am always looking to hear from real estate investors about their wins and losses with financing their rental prope...

The bill seeks to limit how a landlord can end a tenancy. Included in this is ownership change, in ther words, the tenancy can not be terminated when you sell your rental. This might be fine for multi units but for si...

Have a monster 3500 sq ft house that i acquired to chop up into apartments a long time ago. City told me to forget it ( this deal was what was known as learning the hard way) bought it early enough that relative to no...

I am soon to close on my first rental property (so excited!!). To be precise, I am househacking and living in an adu conversion in the back. The deal is great on paper and everything has gone very smoothly so far.One ...

Hello! A tenant texted me and said the electrical outlets in her walls were making a "clicking noise." She included a screen-shot from her phone that said clicking sounds from an outlet could be faulty wiring and were...

  I've had the same business accountant for almost 15 years. Knows my business inside and out, does my personal taxes as well, and I trust him with his decisions on my taxes.  In the last 2 years, I've added a commerc...

I own several rental properties in the Ohio area. Just thinking whether or not to start doing a annual walk thru prior to lease renewal. Any thoughts? Thank you.