I have two rental properties that I feel may be better positioned in an LLC (rather than my personal holdings) - can anyone clarify that with me and also give me a quick low-down on how to move them into the LLC (woul...
Hey BP, I had a tenant that decided they weren't going to finish out the lease, and they didn't pay the last month of rent claiming that the security deposit will cover even though the lease clearly states that's not ...
Hello,So this has never happened to me before. My tenant defaulted on the rent and vacated the property. He stated that he has left the key in the home but I am unaware of the condition that he left it in at this poin...
There is a house on Auction.com that I plan on bidding on. I just spoke with a rep from this site, and they recommended I do a title search on the property before I bid on it. Is there an easy way of doing this wit...
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
Protecting Your AssetsIf you are sued because someone is injured on your rental property, including a guest of the tenant, then your personal assets are not necessarily protected as an individual landlord. Regardless ...
I gave my tenant a 10 day demand for rent letter, which she acknowledged. After a few days, she agreed to move out. By the 15th day, after the demand letter timeframe had passed, I still didn't have the rent in hand...
I’m a “small time” landlord with SFHs.
Up to now I have not been actively requiring renters insurance in my leases.
I once had tenants with a large dog, and in that case I put a clause in the lease stating that the...
Hello all,I have multiple rental properties but haven't created any LLC structure. Now that I have read multiple posts and received recommendations from others and read BiggerPockets threads, I am inclined to create E...
Curious to the group’s ideas and procedures about renting to tenants with pit bulls. We have a vacancy and some prospective tenants applied but have pit bulls. I’m curious how others handle this, and if they rent but ...