Hey BP family!
Please advice. I have a lake home to lease. I want to add a clause to the lease agreement to protect me from tenant, pet or their company if an accident occurs due to water.
How would I w...
Hi guys,What is the worst that can happen if you illegally add a bedroom in condo? e.g. what if the you don't get approval from the HOA first, the HOA prohibits addition of rooms, etc? What are the chances of any cons...
Hello,
Looking for advice on tenant property damage.
I live in a duplex in LA county where I occupy one of the units. Today my neighbor/tenant crashed into the wrought iron fence that fences off the property, warpin...
Hello BPers. For me, buying properties with natural death is not a problem. What about other causes/accidents like fire or tree falling, etc …, assuming no foul play or crime?Would you buy (either for holding or flipp...
Hi all,
I have a single-family rental that's worth about 165K (all I do is build equity - not much cash flow). It's a good property - low maintenance and in a decent neighborhood. I owe a bit of money on it but I c...
My partner and I recently purchased a single family house to rehab and I'm considering keeping the property in mine and my partner's names instead of in an LLC so that we can get conventional financing and so my partn...
Hi there, I've been landlording for about 4 years.I have a tenant that is super anal and verbose. She sent me a picture of a bath spout that looked like someone accidently knocked it down. My immediate reaction is tha...
A friend of mine had a car accident almost 3 of years ago...she was found at fault....(state of limitation is not passed yet) there is no lawsuit filed against her until this time... she only had WA state min. liabili...
We are new landlords & interviewing tenants for the first time. I have a prospective tenant who is a single mom with 2 teenagers. She does state childcare & it sounds like some of the care is provided in her h...
Dear BPers
I am changing my primary residency into a rental and now I am dealing with the insurance. The market value for the condo is $380k. My agent was asking me how much I want to cover for the place in the insur...