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Updated almost 5 years ago on .

User Stats

110
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80
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Daniel Fitzroy
80
Votes |
110
Posts

HOW DO YOU KEEP YOUR BUSINESS SEPERATE WHILE LIVING IN A DUPLEX?

Daniel Fitzroy
Posted

Hi, how's everyone doing? hope you all are staying safe during the covid situation. All is well over here. I'm in the planning stages of my business and can't wait to get my family moved into a duplex/multi family rent hack situation within a year or two. I'm super excited and you guys have been a huge help thus far!

One question i had after listening to one of the podcasts and reading about the importance of avoiding "breaking the coorperate vale"  is how does one protect their portfolio of rental properties that they've acquired using the house hack/fha loan method?  I mean are there any drawbacks or concerns an investor might have when choosing to get started with this path? could someone sue you and claim that that whole house isn't part of your business because you, the investor lives/lived there? I'm still planning on jumping in this way as I think its a fantastic method. But would like your opinion on this.

Any thoughts are greatly appreciated, thanks! stay safe guys.