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My insurance agent says I can require my tenants to have renter's insurance. I run a pretty tight ship as far paperwork and managing my properties, but this is one area I maybe failing in. I appreciate any thoughts here?
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Hi Everyone,
I am new and looking for a place where I can buy an investment property to rent out. I was told Trenton, NJ is a great place to get good cash flow. Can anyone tell me more about their experience owning t...
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Hello all, I joined this site early this year wanting to buy a duplex and live in it and rent the other unit. I was going to school at the time. I decided after lurking this site for quite a while that I wanted to mak...
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A property management company recently advised me to remove the washer and dryer in my rental stating this is more of a liability. If any damage is done to the washer/dryer or damage to property from washer/dryer, I a...
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If I were to guess, here's what my friends did today:@Serge S. spend today thinking hard about the next $500,000@Brian Burke took his wife in his plane to Malibu, or something, and spent money he has@Brandon Turner to...
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First post. We need some advice!
My wife and I have a condo in LA that has been paid off and used as rental property. We are renting in a nearby city with much better schools where our kids go to. The income from th...
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On July 15, we went under contract on our 6th rental property. It's a townhouse and was listed for a day when our offer went in. It's in the same complex where we have two other units - offering on this one was a no...
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I know typically Condos are not the most ideal investment as they don't tend to appreciate. However, we are considering them as a potential rental investment. Given the tend to be cheaper, we could pay most of it in c...
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Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to all...
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Maybe I'm overly cautious or paranoid but that is a big concern. If it comes to evicting a tenant, or some other reason a tenant may have a grievance, I would feel much safer being some random Jane Doe. My first thoug...