Nathan Gesner
Landlord Refuses Section 8 and pays the price
The interesting part is that the person reporting the violation earned $5000 from the settlement just for reporting the violation. I don't see any evidence they actually applied and were rejected or in any way injured...
Jeffrey Yarusso
Rental Property start up questions
Hey guys I am a huge fan of BiggerPockets and this is my first post on the forum. My questions refer to starting out with rental properties. I understand that the market is significantly inflated right now making it h...
Heather Plude
Wanting to Help... in upstate NY
My name is Heather and I am looking into REI to help people have environmentally safe places to live.
From 2007-2011, my family lived in a home with hidden toxic mold in the walls. You couldn't see it or smel...
Kris Haskins
Finally happened, my tenants took my stove, frige & washer/dryer
Had a tenant move out last week and seems like they got me. They've been good renters for 3 years and when they moved, I guess they just felt like I owed them a favor. They blew my phone up over the past few weeks t...
Account Closed
Legal protection in an LLC versus an Umbrella Insurance policy
I've heard it said many times before that we should always hold our properties in an LLC. In fact I have done so in the past, with some cost, here in California. Some fairly prominent people in the industry suggest ...
Shae Langley
When to get an LLC?! Or No LLC?
Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive. But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...
Ayo Odusanya
Primary Conversion, Depreciation Questions
Good morning,
I'm just about to convert a property from a primary to a rental and i had a few questions regarding deprecation.
I purchased the home in 2019 for 295K, and it is now worth $450K. I plan to do a quit c...
Fredrick Hock
Condo Insurance: is it necessary?
Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...
Robert Treherne
LandLord Insurance vs Renters Insurance vs Home Owners Insurance
I've noticed a fair amount of crossover in the various insurances.So my question (and the topic I'd like to open for discussion) is the pros and cons of each.Is there any crossover, are multiple insurances needed or a...
Jake Hill
LLC for liability protection
I own a rental property and I want to separate that property from my personal assets. Can I form an LLC for a property management company to rent out the property instead of listing my personal name on the lease? I do...