![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/539537/small_1621492102-avatar-carnet.jpg?twic=v1/output=image&v=2)
Greetings. There's been a ton of discussion around when to form a LLC. I would love to solicit your advice as I'm guessing many of you have gone through the same thought process. A bit of background info:
1) My wife ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2691635/small_1678260921-avatar-jasonl814.jpg?twic=v1/output=image&v=2)
Should I make an LLC before I purchase my first rental property? If so, which state is best to keep my name anonymous? I know some states are better than others for this. I am living in California and plan to invest o...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/722149/small_1621496096-avatar-jplee3.jpg?twic=v1/output=image&v=2)
Hey all,My parents and I are tenants in common on a property we bought back in 2007. My wife, kids and I currently occupy the property and the ownership split is 25/75. My parents want to gift their portion of ownersh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/353800/small_1621446172-avatar-josselyne.jpg?twic=v1/output=image&v=2)
Hello BP.My name is Josselyne and I am currently residing in south Texas. The reason for this post is because I am just starting my wholesaling business and I would really like to get hands-on experience in the field....
Being a landlord can be a lucrative proposition, but unforeseen expenditures can put a damper on profits if they aren't calculated into the rent beforehand. The reality is that the costs of a rental property extend fa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/257958/small_1621436794-avatar-jjmatt33.jpg?twic=v1/output=image&v=2)
I just read this thread: http://www.biggerpockets.com/forums/95/topics/118902-builders-risk-policy and I think we're in similar situations. My HML requires builders risk. Another lender that I've been working with rec...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/122634/small_1695045091-avatar-volcube.jpg?twic=v1/output=image&v=2)
My 6 family insurance was 3100 last year and now increased to 3500 this year. What do you guys do in terms of trying to keep insurance premiums low as possible? Do you increase deductible?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/69684/small_1621414273-avatar-kirkland.jpg?twic=v1/output=image&v=2)
I have clauses in my lease saying I'm not responsible for injury or loss to person or tenant's property, and that tenant waives all claims.
Are these clauses meaningless?
If something happens, they can still sue, l...