Hello Folks, My tenants doesn't have renter's insurance. I am not sure how important it is. Please elaborate.
We are a young couple looking to begin building our portfolio with student rentals in great markets in Missouri. We believe in our model, so I’m not necessarily interested in student rental horror stories, but would l...
I will be purchasing 5 rental properties from my older parents. They are all currently occupied by tenants and the rent they are charging now is well below the market value. We are working with an attorney and CPA to ...
I am sure this question has been asked numerous times on here, and I have read many forum posts. However, it seems like many of the answers come down to "what are you personally trying to do / what are your goals?" So...
Insurance: what’s your “it saved me” success story?We’ve all heard the horror stories and know the illogical thinking behind not having property insurance.However; In reviewing all of our property insurance with my EX...
I am closing soon on a property that I am financing. My plan is to do a quitclaim deed after closing to get it in my LLC's name. Obviously one thing I want to be sure of from a legal standpoint is making sure I am t...
Long time lurker on BiggerPockets and very grateful for all the great info I've found here over the years. My wife and I are moving out of our current home and going to rent it out. My wife is the only one on that mor...
We bought a house in March with the intentions to rent our basment for Short term. We did and it was decent! November and December took a nose dive. We get most bookings on Airbnb. Not many at all on VRBO. Anyway I am...
I have several rental properties in my home state of NJ, all owned in a NJ LLC. I’m wondering, if I buy out of state should I set up an LLC in the states where properties are located?
I'm going to be leasing the unit of a duplex I am currently living in as I just bought a 4-plex i'll be moving into. My Duplex has a nicely fenced in backyard and my girlfriend asked if i'd consider leasing to someon...