I have heard getting an LLC and EIN to manage my first rental as a business was good. But an experienced friend just told me that it is actually better to get Umbrella Insurance because if set up as an LLC I can still...

For people who use lawyers or are lawyers themselves, I'm just wondering if it's normal to be charged for simply responding to an email?

Usually these emails are simply one or two line responses or answers (that's ...

Who is responsible for the cost of replacing the refrigerator damaged when the power was cut off to a rented condo.Our tenant reported that the power to her unit was cut off at an unsecured switch next to the meter wh...

Hi All,I own a rental property in a condo development in NYC. One unit a few condos away is vacant (owner was foreclosed on). There is not heat in that unit and the water pipes keep breaking. As a result, they had to ...

I have a triplex in a c-d area (rent 700 for a 2/1) and I was wondering how others are screening tenants.  I am using a paid background check and call employer, current landlord.  I am requiring they make 2100 a month...

Hello, We put our For Rent Sign in the window and we have about 5 calls within 4 days. Unfortunately, the person who was to help me has been pulled away and I am in need of quick advice and/or guidance.  I need help, ...

Even when you love your job there are parts of it that can feel like a drag. What is your least favorite part of our industry?

Where has everyone been seeing the most success? Just a general question! 

Received this email from a tenant today. I called the pest company and
twice they have failed to show up to the unit. However, it seems that
even with the "infestation" he is willing to live in the unit for
a...

Hi everyone! Who are your favorite property management companies? Do you prefer working with larger or smaller companies, or do you prefer to do it yourself?