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Hi all, We purchased a property where the purchase documents indicated we were purchasing the washer and dryer with the building. After taking ownership, we come to find out that the long-term tenants (who are general...
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Hi!Getting ready to lease out my first unit ever. Very excited. I live in the 2nd unit with my two friendly dogs. The prospecting tenant has a kid, and although my dogs are very gentle, I was hoping someone could sen...
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Howzit BPland,I am hoping to find clear definition as a residential property owner, would/could I be held liable if a tenant's dog bits and injures someone? If the victim is looking for retribution, could I be held re...
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Hello Everyone,I’m hoping someone can help answer a question for me. I own a single family residence in NY that is being used as a rental property. The second level of the house was previously occupied by a family m...
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I’ll try to word this best as I can bare with me.I have a question about “LLC” vs “Family Trust” for people who owns rental properties.With this quote be said “The Secret to Success is to Own Nothing but Control Every...
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I have a situation where I lost a property due to lender's slow processing (This is a major bank not an investment lender)
It's kind of a long one so bare with me.
Back in December of last year, I found a HUD propert...
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We manage some rental properties for distant owners. One of our tenants trashed a place pretty bad. No physical damage, but let the dogs poop everywhere and ruined the carpet. Owner thinks our professional liabilit...
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I just found out that the insurance company with the landlord policy I was going to start on now excludes all animal liability. Right now, the vacant house is still on builder's risk insurance, so I haven't gone over ...
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I'm looking to buy general liability insurance for my LLC and also buying Renovators insurance for each property we buy to flip (overkill, i know, but I'm a conservative player. Let me know if I'm going too crazy!)
W...
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Hey BP. I am looking at a duplex for my first home (to start by house hacking). Is there a primer anywhere on how to properly limit my liability or how to make sure that I have adequate insurance as a landlord? From w...