Kody Hunter
Should You Get Business Insurance On Top Of Property Insurance
We just got our first property and have bought it with an LLC. Do you also need business insurance along with property insurance? Please explain why if you could. Thank you in advance!
George Zatulovsky
"Drilling locks" to enter property
If there is a water leak (intentional) from an upper unit into the lower unit, and upper unit tenant (being in the process of eviction) is not allowing property manager to enter it, is property manager within his righ...
Brenda Norris
Tenant didn't live up to her part of discounted rental agreement
We all already know that I should never have agreed to give tenant discount on Rent in exchange for certain maintenance and repairs. What is done is done, got her out and now I am writing up damage details to send in ...
Deborah R.
AC broke while contractor removing tile
It was working fine before. Lots of dust with tile removal. I have an AC company coming out to see what the problem is. My husband thinks they should’ve covered up the AC return. Plus they had it turned down to 69...
Account Closed
When negotiating, everything sounds the same
The more volume we do, the more of the same old lines I hear every day. I literally sit at my desk fielding phone calls from investors who want to negotiate down our asking price-- all day sometimes. The thing is, I h...
Sabrina Savinski
Maryland Tenant Liability for Pets
I have a single family townhome in Frederick, Maryland and have an applicant with an Italian Mastiff. Our property manager has told us that in the state of Maryland, tenants are held strictly liable for their pets. Do...
Ken Oconnor
if you can't get a bank loan in a LLC name
I heard from brandon that a lot of banks won't give you a loan for residential properties in a LLC name that you have to get the loan in your name but then you have no asset protection and if you change it into a ...
Roger S.
SFR insurance costs in North Texas, how much are you paying?
Hi guys, I get the feeling I'm getting gouged. I have 10 SFR's in Grayson county, an hour north of Dallas. Values on the houses range from 50k-70k. Currently I'm paying 800-900 dollars a year per house in insuran...
Jim Shaw
Water Leak
Quick question for my fellow LL's out there. I had a tenant ask me today to pay for a water bill since their toilet had been leaking and they were not aware of it.
The tenants are good tenants but don't mind asking f...
Peter Mckernan
Renter's insurances thoughts
Hey everyone,
I have a renter that is about to sign a lease contract; however, there is a dilemma about her getting renters insurance and I wonder if some of the members can throw some thoughts at me.
Well, the po...