Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

37
Posts
10
Votes
Ashish Wa
10
Votes |
37
Posts

Help with Lease questions

Ashish Wa
Posted

Hello I have a question. So on the lease, is it good to have just me as the landlord if the property is jointly owned by my spouse and I ? Any pros and cons of just having me as the landlord ? Or it's better to have both of us? Please share your input.

I would also appreciate any must have additional clause to be added in the lease. The property is in GA

Most Popular Reply

User Stats

348
Posts
226
Votes
Nathan M kiefer
  • Rental Property Investor
  • south carolina and michigan
226
Votes |
348
Posts
Nathan M kiefer
  • Rental Property Investor
  • south carolina and michigan
Replied

I would never own a property in my personal name except the one I live in. Your exposure is compounding due to having it in you or wife's name. Put in LLC so you can realize the benefits and have the protection of the LLC when liability comes your way

Loading replies...