I am in middle of buying my first ever rental property in Florida. It is a 4plex unit. I wanted to know if I should make an LLC for it or just get umbrella insurance? Can someone please explain to me the pros and cons...

Hi All,I was wondering how a landlord can enforce the requirement that a tenant purchase and maintain renters insurance with a certain limit of liability throughout their tenancy. What if they move in and don't get it...

So my neighbors townhouse completely burned out to a shell. The is no actual fire damage to my house (Vacant rental) but the FD kicked in my door, broke a couple windows and poked holes in the ceiling and roof. Theres...

My PM came out with a new contract. It now requires me to get a liability insurance policy, and add them on the policy. Is this normal? My attitude is that I should only be responsible for my negligence, not theirs. T...

I am being advised by a CPA to form my series LLC and place it inside of a trust. He says that legally, this provides much more personal safety for me and my assets. Is there truth to this? Is it worth the extra money...

As a buy and hold real estate investor, can you charge a tenant for repairs if they do not take precautions during a freeze by opening cabinet doors, letting water drip, covering outdoor spigots etc. which cause pipe...

I just moved out of a house I was renting with a friend. The landlord did not require us to pay a security deposit. After moving out we discovered my couch had scratched the hardwood floors. The landlord is pissed and...

So I have a tenant that recently called me because the microwave latch broke so the microwave thinks it is open (even though its closed) and won't work. In my lease, the tenant is supposed to pay for any repairs that ...

I own a condo that in New Jersy. Due to water leak in my condo the neighbour downstair had his ceiling damaged. His insurance company paid him a claim of $950 and sent me a subrogation letter that now I owe this amoun...

Hello everyone.Newbie investor getting ready to sell first property. It appears I'll need a 1031 exchange to offset substantial capital gains. The Qualified Intermediaries I am vetting have provided their exchange agr...