Adriel Watts
Piece of garage ceiling fell on tenants car
Apparently a disposal got blocked in my rental. It got backed up and caused a piece of garage ceiling to fall. Tenant claims car was damaged got estimate stating 4800 in damage. Tenant is asking for reimbursement. ...
Jacobus Rex
Tenant moving from Foreclosed House -- Offered Loan Mod(HARP/HAMP
Hello all you smart BPers! My name is Jim. From central MN. My first post. This site is an absolute gold mine! Amazing! My question is a little outside the box. I don't know if it is a workable deal or not. I wou...
Ilene R Vanabbema
Do I put my buildings my restaurant is located in in an LLC
I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
Aaron Moayed
Going the Insurance Policy Route vs LLC
For those who go the insurance policy route, instead of going with an LLC, what are the true risks? Like what are some common lawsuits that can happen?
Adam W.
Bought FIRST property with business partner!! Start a new LLC?
Hi there,My friend and I finally purchased our first real estate property. Single family condo unit we will rent out indefinitely.Since the price of the unit was so low (~$250k), we decided to take out at mortgage at...
Shanequa J.
Lifetime warranty on flooring
Has anyone bought flooring for a rental that had a lifetime warranty? I've noticed some companies (Armstrong, Mohawk) offer lifetime warranties against tears or stains, but was wondering what the catch was.
Michael Morrow
How to structure the purchase of my first rental
Hello BiggerPockets, I am looking to buy my first rental property soon. I have been talking to everyone I know about real estate and it caught my fathers interest. We are now considering on buying property together (m...
Vincent Donato
What is the best way to find somebody to keep an eye on my rental, but not a PM?
I have a rental duplex in Ohio which I was doing very well managing myself. Work brought me back to New York so I was forced to hire a property manager.That didn't go very well. For reasons I will not get into, I fire...
Lynn McGeein
Friday the 13th Problems Anyone? How about Main Line Sewer Clog
Just wondered if everyone is surviving Fri the 13th unscathed. We cancelled the very nice plans we had to work on a main sewer line drain clog all day. Started at 6 a.m., just finished cleaning it up, so instead of ...
Christopher Perry
Dropped due to claims!
Hello All,
I have found myself in a pickle due to a chain of events that resulted in an insurer choosing to drop me from coverage due to multiple claims from multiple properties. I have both policies in my name and ...