Taylor Chiu
My renters are smoking pot...
That title caught your eye, didn't it?I have 4 tenants in this property.So tenant A & B saying tenant C is smoking pot in the house (I've already given her a warning based on prior rumors). Also, tenant B says ten...
Alicia Marks
QOTW: What are your best (and legal) tax saving strategies?
Since it's almost the end of the year, I wanted to focus our question on ideas and strategies that can help us make last minute changes to help lessen the tax burden, or to start the year with best practices.
Let's h...
Julie Kern
First Deal: SFR or Student Rental?? - Brainstorming
We have a contract on our first deal as of today (see http://www.biggerpockets.com/forums/88/topics/1548... for details).Our original plan was to rent this out as a SFR. But over the last 24 hours, I started wonderin...
Robert Wood
Being sued over security deposit by tenant who never moved in.
Hello Bigger Pockets!My wife and I are looking for a bit of legal advice. We recently moved to the Seattle area from Texas with our 2 month old daughter, leaving behind three rental properties, two long-term and one A...
Rich Weese
work and thought project for newbies. Please join in.
It is always important to be able to analyze properties and potential acquisitions/sales. My belief is most of the profit is made on the buy. I have an opportunity in real life and want to throw it out there. There wi...
Vanessa Garcia
Note Foreclosed, Next Steps?
So my brother @Eli Garcia and I are working together on increasing note holdings between the 2 of us. 2 heads are better than 1 kind of thing. Any who, he bought one that's in Detroit, MI that was in foreclosure and...
Henry Clark
Self Storage- LLC Operating Agreement
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
Jeffrey Sealy
Opinion on Buy & Holds in College Towns
Morning, Just wanted to get some opinions on how you all feel about buy & holds in college towns. I view these properties as MF even though they are technically SF. However, when renting to college students you ar...
Julie S.
Emotional Support Animal/Tenants
I just finished cleaning out a property that was damaged because of pets. Now I put a stiff penalty in the lease for bringing unauthorized animals on or into the property. Tenants signed lease Feb 1st. Now, 6 weeks...
Hobart King
Insurance is killing my rentals
Can someone tell me what a normal amount is to pay for Insurance on low end rental properties? I own two rental properties in a 50/50 partnership in Birmingham, AL.
Rental 1: Market Value ~50k. Insurance Payments ar...