Darrell Bratton
Triple net lease to an LLC
I have a Condo and I would like to sign a triple net lease to my LLC as opposed to doing a quit claim deed and risk the due on sale clause. I have found more than 2000 postings on Triple Net Lease but it is taking to ...
Ben Freiman
Tenant Improvements Policy for SFH
Hello BP. I have a good problem with my new tenants in my SFH. They are a family of 5 and make good money, just don't have the best credit. Signed a 2 year lease with interests to stay longer, but didn't want to lock ...
Jose M.
10% Capex 10% Repairs 5% Vacancies MAXED OUT?
Hello Humans,
New investor here. I understand that it is good idea to save 10/10/5 percent on capex repairs and vacancies, but at what point do you stop saving (or do you)? In a couple years, it is possible to save $...
Shivam Patel
Insurance rates up 50%
Hey guys,I wanted to get your input on this or if this is just happening in New Jersey. I noticed my mortgage went up buy $200 from $1900 to $2100. my rent for my property went to $250 so I didn't see it q problem. I...
Daniel B.
Property in personal name, does lease have to be too?
Hi, I just purchased two properties today. Due to loan requirements the properties are in my wife and my personal names. Was told by my insurance agent this is also cheaper insurance compared to if it were in an LLC...
Sam Mitchell
Cheapest / quickest way to process a quit claim deed
I need to transfer a property of mine back to an LLC (I had to transfer to myself for a refinance) and want to do this without hiring a lawyer. I figure I can just write up the deed myself using the same language that...
Kevin K.
Back Taxes / Mortgage issues
I'm looking to schedule a viewing of a house that appears to be a pretty good deal. Asking 57,600 on it, 1700 sq ft, in an area that has similar houses going for 240k and up. Since I'm new to this industry, and being...
Alfonso Murguia
First time landlord / house hacker ----- rental listing help
Hello fellow BiggerPockets community, We are about to start listing our upstairs ADU on websites like Zillow and the like. We have a rough sketch of what we want to include but I'm afraid we are not being assertive en...
Jonathan G.
My Pet policy (first draft)
PETSThe current lease does not include pets however, if desired, the lease can be amended to include 2 small pets. We realize that many families like / desire pets however, all pets do impose a significant amount of w...
David Brian Medina
Forming an LLC before purchasing Rental properties
Good Afternoon BP,
I was wondering if anyone here has formed an LLC before buying property? I’ve met a few individuals in my city that chose to form an LLC because they planned on purchasing a lot of properties. Plea...