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Hi BP, I'm proud to say we finally took the plunge and bought our first property! It's a 1920's craftsman duplex, 2/1 + 1/1 with one vacant unit and a 15-year tenant in the other (luckily no rent control so they're ne...
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Hello, Frequent visitor to this forum to learn about landlord for the last few years and have a few rental properties in DFW area. However, this time I need some feedback from other landlord. I understand that landlor...
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So I have a question in regards to tenants with pets. I am currently in the process of interviewing tenants and my top choice is a family who will most likely become long term tenants. They currently have a really l...
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Some questions for people who've done deals subject to existing financing.
1. Is there any paperwork involved in taking over the owner's payments? Do you just send in payments with their account # ?
2. I heard that...
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Ok landlords,Who's been sued. Tell me your story and did a LLC help or not help you? Did a large umbrella policy protect you? I think we've all been going about this from the wrong side whether you need a LLC or n...
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Anyone have a link to a good independent contractor form that I can have workers - like handymen, painters, framers use?I need some sort of protection as I hire them often daily I have another neighbor who is in Calif...
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Hello all. I've hired a contractor/handyman who has his own crew working. He does not have a license and insurance, but I've worked with him on smaller projects and he is a nice guy. Here's the scope of work he is ...
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Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...
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Hi, My husband and I have partnered with another person and we have begun to buy rental properties together (we are about to close on one property, and in escrow on another). We own 50% of the properties and our par...
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What type of policy do you all use for a rental property? Replacement cost or actual cash value? And why?
Also, how much do you pay monthly for insurance (I'm in Indiana)?