I have a prospective renter who has a recent DUI. I use the Smartmove app to screen. Does anyone know if the Smartmove flags DUI's. If the app automatically rejects because of DUI, I would not want him to waste his mo...
Hello BP, I am new to this site and I see that a lot of people are eager to get started with buying properties for all kinds of reasons. There seems to be a lot of interest in Tampa for rentals. I consider Tampa to be...
My mother owns a very successful property management company. She manages 400+ properties from commercial to residential. I’ve never heard anyone talk about this strategy But you can go to a property management compan...
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
I want to run something by the community regarding property management and see if others have done something similar:I’m in the process of figuring out how best to setup the legal structure for a long-term, buy-n-hold...
At what point is an LLC necessary? I read that the LLC requires a lot more attention to detail in order for it to protect any property. If I own two properties, would it be helpful to have an LLC or is it better to ...
Just wanted to throw this out there to see what you guys think. Here's the deal. Today my property manager went to one of my newly acquired rentals and the tenant states "Can I pay $400 today and $500 on Friday?". ...
From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...
My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...