I want to split legal responsibility for Mowing and snow removal between my two duplex tenants in their lease's.I'm looking for the exact language I can add into my lease's for the future. Does anyone know of the rig...

In a non-community property state, can a husband/wife general partnership (not an LLC) own & insure rental properties in their own names but report them on a partnership tax return? I know if you set up an LLC you...

Hi,

Does anyone here require their tenants to have renters insurance? From Ads I have heard it can be very low for a renter to have.

Perhaps instead of requiring it give a little education to the tenant about the b...

I hate plowing season! I've had 5 different plow people in 10 years.  I've always hired based on recommendations of others.  Usually they'll do okay the first few storms, then later they get sloppy or late and tenants...

Hello everyone,I tried searching the forum for this answer but had no luck.  I just got my first property under contract today and plan on BRRRRing it.  I have my LLC already set up and am getting rates from two lende...

My wife and I have owned a single family rental house in Indianapolis for 1 year and are trying to decide between an LLC versus a personal umbrella policy. We currently live in CA, but are moving to Illinois in the co...

Good morning Bigger Pockets Family!My name is James and I've been considering making this move for about 6 months. I am starting NOW. Based on some early information gathering, I decided I'm starting out 2020 with get...

We are purchasing a property that is (1) parcel of land with (2) single family homes on it. We plan on living in one home for 1-2 years as our loan is based on a primary residence, and renting out the other home. For ...

I was just reading on another thread about the old debate of how many LLC's do you need? Just one? One per property? Somewhere in between? The idea is to segregate silos of liability exposure. That's fine, I don'...

Good morning! Great to be here.

Just obtained my first LTR and did a mild flip to improve some cosmetics. Before I advertise it I need to clear up some confusion so I can start on the right path. I realize the LL...