I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
Well, put me in the camp of no longer accepting two year leases. The problem, as I've learned recently, is that the lease really only binds the landlord. The tenant can still leave whenever he wants.One of my tenant...
I am 22 yrs old, graduating May 2014. I have been saving up for the past couple of months and looking to purchase a condominium unit sometime after July 2014. I may be purchasing with a close friend. Should I do it...
Below is an excerpt from an article in today's WSJ. I knew that institutional investors were major players in Atlanta, but I had no idea that they were bigger here than anywhere else. That says a lot of good things ...
Hi everyone,
I'm pretty much a newbie when it comes to tenant screening. I have "book smarts" on the topic, but no "street smarts". In finding a new tenant for a unit in my duplex, I've come across a few q...
Hello, my name is Stephen. I've been a member for a few months, but haven't really done anything here beyond reading some blogs and forums. I guess I should say something…
I live in Central Ohio, Graduated High Scho...
Hey BiggerPockets Colleagues,
Real estate investing is a journey filled with ups and downs, twists and turns, and, inevitably, some lessons learned the hard way. While we all aim for success, it's often our mistakes ...
Hi all,Is text and/or email an acceptable way of discussing pending issues with your tenants? Or does any communication regarding rents, fees, utilities, etc. have to be done via mail? If for some reason you end up in...
It seems inevitable that the Republicans take control of the House, and likely gain many seats in the Senate.
This type of situation is called "grid-lock" becuase both parties can essentially keep each other from get...
We plan to turn our current house hack into a long term rental. We just discovered a crack in the concrete slab foundation that is a borderline major problem:- It is a vertical crack about 1/8 inch wide that is at lea...