Jane H.
How to Direct Tenant Who Runs a Daycare
We have a good Tenant who has been operating a daycare, prior to Covid, she had 6 children allowed in the Lease. (State licensed her for 8, but she did not notify us ahead of time about her business). We need to re-wr...
Ryan Hotza
Any ways to get around banks not giving loans into LLC's?
Hello you all, im brand new to BP so please forgive me. So im looking to get started with a rental property i had been eyeing, my finances aren't there yet to purchase with no loan, so a loan it is. Im actually i...
Emmett O.
Reducing Rent Every Month If No Maintenance Calls
Hi Everyone,In a lot of the books I am reading, as well as some of the podcasts I have listened to, many landlords have talked about adding a clause to their leases to give anywhere from $25 to $100 a month back to th...
Anthony Parr
Arguing for Rentals vs Flips
My wife and I started a few companies. The company that she leads is for flips, and the company that I lead is for rentals. We look at properties as a team and evaluate their potential through those two lenses. How...
Rodney Saucier
is starting a LLC worth the trouble?
my partner and I have some properties we want to look at, but we haven't established a LLC yet. we were wondering if starting one is even necessary. In what ways does it benefit you? why cant/shouldn't we just go out ...
Nathan Estochen
Tenant Possibly Selling Hard Drugs
Hi all,I have a 3 unit multifamily in not the best area. One of my tenants has been complaining the past couple months that my inherited tenant has frequent comings and goings of people that look like drug fiends exhi...
Kris Abejuela
LLCs, holding companies overkill?
I want to start buying investment properties. I want to set up a legal system correctly from the beginning to protect me from potential lawsuits. I want anonymity. I have been looking at different companies that provi...
Mary Ann Casey
Insufficient Rent Payment
I have a tenant who has paid insufficient rental payments for a few months in a row (rather than the $1,900 rental payment due, he pays $1,800). The remaining and late $100 is paid very late in the month. For the...
T. Philip Washington
Benefits of starting a LLC
Hi, we're working to buy our first multi-family property by July of this year. If there's already a thread addressing this issue, please point me in the right direction. Is it more beneficial to start a LLC and purcha...
Terry Portier
Liability Insurance
As part of a study a colleague from this site and I are doing on LLC’s vs. Sole Propriety legalities here: http://www.biggerpockets.com/forums/52/topics/75182
I am wondering if anyone can recommend liability insuranc...