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Tenant took down smoke alarms. What is my risk?
Hello hello. I was just inside one of my units fixing some plumbing, and I noticed they had taken down 3 smoke alarms and the only carbon monoxide alarm. Only two of the original 5 smoke alarms were still up (though...
Deba Douglas
Should I put my Rentals under a LLC
Hi, my husband and I recently purchased 2 duplexes in the north Texas area under our names. We are wondering if we should put the leases under our LLC as a way to protect ourselves? Is there any tax benefits for leavi...
Brandon Yuan
Is Special Warranty Deed a Common Practice for Apartment deals?
Is Special Warranty Deed a common practice for multi family apartment deals? That's what the listing broker told me and said I can ask for General Warranty Deed instead but that would put me at disadvantage against ot...
Deb R.
Is a home warranty a good idea / necessary?
Is it recommended or necessary to have a home warranty for your rental? One of the landlords I rented from had one so I was wondering if I should get one? I don't have one on my house right now as I am kind of against...
Leon L.
After the learning, studying, and research I'm now ready
Hello BP,After months of watching videos and building a good educational foundation I just got a loan for $25k from my 401K, and I'm ready to take action. I must admit, i am nervous as all get out. I have always bee...
Jennifer Jackson
Normal RE Lawyer Rate?
Hi all,I recently had a tenant fall on my property and decided it’s time to lawyer up. The lawyer I called I ended up liking a lot and he has a lot of experience specifically in RE law, but his hourly rate is $400. Hi...
Stephen E.
Interesting Screening Situation
Some of the posts I find most interesting on BP are screening questions. One of the reasons they are interesting is that the landlord posting the question is often too close to the issue and does not see problems whil...
Nik S.
Rent Specials....
Good Morning!I have some apartments that are in need of tenants! My PM is getting an abundance of calls however either they have 60lb dogs OR request section 8. I am staying away from Section 8 as it's my personal pre...
Tomas Calvino
Should I charge pet fee again with lease renewal?
Hello everyone,Hope you are having a productive day! Just have a quick question about lease renewals.The lease on my first rental property is coming to an end and my tenants already decided that they wanted to stay an...
Mark Ancerewicz
Marketing for Wholesale deals what to expect from the numbers
Hello BiggerPockets Community. I first want to thank everyone on here that takes the time to reply to this forum. Because of you I have learned a wealth of information. Because of all your sharin...