Lossa Lee
LLC and Insurance
I'll be purchasing my very first multi-family rental properties (buying two multi-family homes). I want to create LLC to protect my other assets. However, I'm a little confused about insurance. Someone suggested th...
Amir Navabpour
Canceling home owners policy for homes owned without a mortgage
I have owned rentals for about 7 years and in that time I have put in a few claims. Seems like no matter what the issue is they reject it. eBay even told me after the last one that putting in claims will increase my p...
Marian Smith
Does my Schedule E look like yours? Ma and Pop landlords
Due to a discussion about filing form 3115, which is evidently required but may not be expected to be complied with, I thought I'd ask if my Schedule E looked normal. (No red flags) First, can anyone link to an art...
Loy G.
Tenant Damaged Walls
Did a pre-move visit on property and tenant pointed out several spots they know they damaged walls in several locations throughout the house. They said they were going to patch and paint them. They are now contactin...
Account Closed
Direct Mail and Cold Texting KPI Questions
BiggerPockets World.Really taking the time to deep dive our KPI's and had a few questions to clarify on what industry standards consider and define a response for direct mail and cold textingDirect MailIndustry standa...
Pranay Verma
In Contract!! Thanks for the support, next steps now!
Hey All, I was able to get in contract for a house hack 3 bed 3 bath townhouse property in Hayward. Now that i work on closing this I also want to look for tenants, I have a couple of questions. - How can I check the ...
DeEtte Hunter
Early termination of lease
I rented my Airbnb property to a couple for 8 months using the Bigger Pockets lease packet. The couple decided to move 2 months before their contract ended. They are now asking if I can rent it via Airbnb, and if I ca...
Account Closed
Detroit - Landlord Insurance Agent Recommendation?
Hello,
I recently purchased a single family home in Detroit, Michigan, as an investment property. It would appear that nearly every agent that I've spoken with wants me to switch my auto insurance policy or home ins...
Rhonda Nelson
How to calculate Tenant's Monetary Responsibility of Wall Damages Requiring Drywall
Tenant moved out and left countless large wall and nail holes / baseboard damage / drywall tears due to adhesive removal, etc. I had to paint the entire house due of the multiple areas of damage. How do I calculate ...
Luke McFetridge
Owner Carry and tax advantages
I found a small commercial building where the owner is wlling to sell and carry the note back on the building. Seems advantageous for me so I can avoid bank hassle and small out of pocket. Questions:1. What pitfalls...