Noelle Eads
Liability question for taking over a property
Hi! We are in the process of buying a flip house that has a tenant. Unfortunately the house is in terrible shape and will be a complete gut job so we don’t feel comfortable letting the tenant stay due to liability iss...
Kristen L Garner
Establishing an LLC for OOS Investment Properties
Hi everyone. I’m a resident of Los Angeles, CA and I plan on purchasing rental property in Indiana. Where is the best place for me to establish an LLC? I have read about creating a LLC in the state I plan to do busine...
Matt Waggoner
Foundation Rental issues
Hello BP Community!We are in our first year of our REI journey. We grabbed a 2 duplexes that were in decent shape and already occupied and renting for well under market value. 2 of the Tenants have been in place for &...
Rob Miller
Would you buy a house that previously had bed bugs?
Thoughts on buying a house that was tented and treated for bedbugs about 4.5 years ago? My closing date is in two days and my realtor just provided me the sellers disclosure that notates this previous issue. Everythin...
David Duong
landlord liability and renter's insurance
Hi everyone,
Posted this on the landlord forum because I didn't realize that there was an insurance forum.
I'm a little confused. To protect myself from liability, my insurance agent suggested two things: either re...
David Jay
Prop. Man. request we pay his fees even if tenants don't pay rent
I just got a letter from my property manager who manages eight single family properties that I own. He is requesting that all owners pay the full fee they would normally pay even if the tenants don't pay rent. Our s...
Carolyn Walters
Tenant signed lease but changed mind
I’ve posted before about this situation but have some new things happening since then.Tenants signed lease on June 9th and paid security deposit. Lease states move in date as July 1st and 1st month’s rent was due on o...
Scott Trench
Pro Bono Help - Nasty Landlord - Felon Tenant in Denver CO
Hello, I work with an individual in Denver, Colorado that is a felon, attempting to re-enter society.This individual had an unusual situation. He pays for housing at the halfway house, and needed approval to move out ...
Gerald Jarreau
Trying to find a strategy but not sure what to do.
Background: I am 54 and have my house paid off (guessing around 250k in value). I have a condo with 37k of mortgage left (value about 160k). I have a job making about 60k per year. I have no car note. I rent the condo...
Ibrahim Hughes
Getting Title Insurance on Property AFTER getting Quit Claim Deed in FL
Met with a Realtor and Title Co. while vacationing in FL. Was told that if I was to get a QCD on a property and then try to get title insurance on it later, I wouldn't be able to from the particular title company I me...