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A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
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Hi all, I am a newbie to BiggerPockets and am still learning to use the site. But... I need some help Now! I negotiated a discounted rental rate on a 24 month lease back in February with a single woman and her dog bec...
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Quick question: I received a call yesterday from my tenants father. He said his son just was sentenced to 5 years in prison and he’s coming this week to move his furniture and items out of the rental home I own. He so...
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There seems to be a general assumption that longer occupancy durations can be achieved by using fixed-term leases (e.g. 1 year) as opposed to month-to-month leases. However, despite spending quite a bit of time on Goo...
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How beneficial is it to get your real estate license before becoming a investor? Would you recommend it?
Do you bundle your rental properties homeowner's insurance with your personal policies? Why or why not? I was thinking it would be better to have each house be on its own, to make it easier for my CPA. Thanks for y...
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I bought a short sale multifamily building last winter and have been taking care of the deferred maintenance and increasing the occupancy with new tenants appropriately screened by my property manager. All was going ...
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It's come to my attention that one of my tenants has started a daycare business. I've looked into this and found out she became certified by the state earlier this year. So she's "legit"...however, my concern is lia...
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I recently sold a renovated house that had an older but operable water heater. In the contract it was asked that all mechanicals were in working order at time of the inspection, in which they were and everythin...
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Can I get your input on something? Brandon Turner says that positive cash flow from day one is a must to build successful RE business. He says tax benefits and appreciation are just icing on the cake. If expenses are ...