Patrick Philip
What do you think about this contingency clause?
I am looking for a way to protect myself against buyers causing me to take my house off the market, and end up wasting my time.What could go wrong if I added this clause to the purchase contract? This says that the bu...
Nick Brubaker
How important is it for your GC to be licensed and insured?
Today is my last day of due diligence on my first flip property. My real estate agent referred me to an experienced GC. I like him and am confident he is reliable enough and would do good work, but I found out today...
Kristi C.
LLC or trust?
I am new to real estate and rentals. I bought a duplex last year in July and it's rented out now. I am wanting to know about LLC and trusts. I was wanting to make an LLC, but someone who is a landlord here said to jus...
Carmel Duffy
A stupid Landlord Mistake
With winter here I thought it would be a good idea to buy a snowblower for my rental home. In the lease it states that the tenant is responsible for snow removal, but I thought I would buy the snowblower. I had the te...
Kyler J Sloan
Rent Jeep to Airbnb Guests to Climb Hill
I am about to close on a Airbnb property with a very steep and winding road, and was wondering if it would be a good idea to rent a jeep wrangler out to guests who do not have a 4WD?
I would not be using the jeep of...
Douglas Skipworth
Nothing like a brush w/ death to put you on the straight & narrow
What is your fire plan for your rental house and your residence? You better have one.Tonight at 9:00, the motor in the clothes dryer at my personal residence in Memphis caught on fire. The kids and I were just finish...
Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Michael C.
Strategy for tenant damaged rental. What would you do?
I have a SFH that has had a tenant(crackhead) squatting since last june. The marshalls FINALLY came to execute the eviction last week. The house is bad. Trash every where, all appliances destroyed, cabinets destroyed...
Alex Schwartzman
Home Warranty and Property Manager - advice needed
Hello,I recently bought a turn key property in Indianapolis through a member of this forum, this is my first out of state investment and I am not sure what I can and cannot expect from the property managers, so I am a...
Weston Couch
What are your risk of a tenant suing you?
Do you know how much you could lose in a lawsuit from a tenant? Are you personally protected if a tenant has "a good case" against you?