Hey all,I'm looking to make an offer on my first rental this week and was wanting to get different inputs on LLC vs Umbrella policies.I will be using a conventional loan and I was told by my loan officer that I can no...

Hello BP Folks! A month ago I closed on my first rental property and I am already feeling the pains of working with a lackluster Property Management company.I purchased a new construction SFH in Northern Dallas throug...

A unit I own out of state, which is vacant at the moment, had a leak. I wasn’t initially able to reach the PM, but eventually did and they went out and dried up the water. There was no damage to my unit so I did not f...

A current tenant acquired a renter's insurance policy that listed him and his girlfriend on the policy as the insured individuals. He asked the insurance company to have the landlord added as an additional insured and...

Today's topic is a springboard off of @Lisa Phillips a Phillips Phillips Phillips excellent blog series, episode 2 on incorporating.

We will be doing business in NY and, with the advice of our attorn...

Do you allow these at your rentals? These are the portable, inflatable "houses" that kids can play in in the yard.

A poster yesterday or today was asking about the bad side of the rental property business: damage, lawsuits, tenants from hell, etc.

I spent much of my d...

Hey all. Need some advice on this one. I currently own a rental property and live in the one unit and rent out the other. My rental does not have central air and I require the tenants to provide their own window units...

Hi everyone! I am drafting a contract agreement between my property management company and a new contractor who will be responsible for some of the day to day runnings of the company such as working with tenants who h...

I could save lots of money by hiring handymen on flips. But I'm concerned about liability if someone gets injured. First of all, why am I responsible if a tile guy is negligent and cuts himself? I don't even get that ...