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All Forum Posts by: Arta Montero

Arta Montero has started 24 posts and replied 182 times.

Post: Out of State Rentals

Arta MonteroPosted
  • Posts 182
  • Votes 45

@Rohan Deshpande wondering what is roofstop

Post: Out of State Rentals

Arta MonteroPosted
  • Posts 182
  • Votes 45

@KC Conti I purchased a fourplex in McAllen, Texas in July. It’s going better than the few rentals I have in Portland where I live.

We have a property manager and so far it’s not bad.

Post: Buying Property without LLC

Arta MonteroPosted
  • Posts 182
  • Votes 45

@Christopher Smith I was wondering the same and been thinking that one benefit of LLC is that one can shield other assets such as 401k if something goes wrong. One example is if one defaults and then they can't go after any other assets

@Katrina Evans think you!

@Corby Goade agree, but I have nightmares about PMs now based on my

last one that I just broke contact with.

It is hard to believe what it was like and honestly don’t know how I can trust them.

I know others maybe different but traumatized for now. Few hundred box don’t worry me at all, I paid them about 10k with just doing minor no value added work.

@Mark H. Porter doesn’t that include a lot of assumptions though?

@Alex Heidenreich I should know but don't know what ARV stands for

@Tanvir Sattar using apartments.com (former cozy)

@Mike McCarthy wondering though if I send them a late payment notice fee or anything like that.