All Forum Posts by: Jatin Shah

Hey Leslie, 

One of the advantages of creating an LLC is to shield yourself of liability. It is not always as easy as just creating one. There are formalities you have to meet and depending on what state you're in, the annual filing fees can be a bit high. I don't know about Florida. One other factor to discuss with your banker, if you have one, is if they will lend to your LLC. You may have to sign as guarantor.

You can go in under your own name, but to shield yourself properly, you have to have proper insurance coverage. If this was a SFH I'd suggest to keep it under your own name if you are comfortable and have proper coverage to protect your assets. Check with your homeowners to see if you can get an umbrella policy to cover this.

However, since this is a multi family property, I do suggest that you get an LLC. More tenants involved, increased probability of claims. Definitely get together with a lawyer where ever you are to get this set up. Good luck

Jatin

Hey Landlords,

A friend and I are thinking about starting a RE Mgmt company (REMs)in the near future.  If you don't mind, I'd like to do some market research.  

What  LLs expect from REMs? What does it take to make you the LL happy? What types of things tick you off about them?  Any other gratuitous advice will be happily accepted.  Thanks,

Jatin A. Shah

Hey Landlords,

A friend and I are thinking about starting a RE Mgmt company (REMs)in the near future.  If you don't mind, I'd like to do some market research.  

What  LLs expect from REMs? What does it take to make you the LL happy? What types of things tick you off about them?  Any other gratuitous advice will be happily accepted.  Thanks,

Jatin A. Shah

Welcome aboard Alan.  This a great place to network.  If you ever get to downtown or South Nashville let me know. We discuss our projects over beer! Good luck!

Thank you @Anne Wallace .  You've give me something to think about it.  We aren't grilling or barbecue people, but chances are the next owners will be.  The screened in porch severely prohibit this from going on.  If we go ahead with this, I may have to build in a cove that allows this. 

I hope I'm not asking for too much, but would you be okay with taking a picture of your setup and send it to me? If you're okay with it, please send it to [email protected].  Thanks again! 

good morning guys, I apologize for the slightly off topic question but I needed expert advice.  

M wife and i are thinking of converting our outdoor patio to a screened  in patio. Are we  we adding value to our property?  And by value I mean 2 things 1)  increase the value of our house and 2) quicker resale when we are ready.

Thanks!

Welcome aboard Jay. I am loving Fairview these days. 

Hey everyone, I wanted to share the following article with you you.  Some of you may have heard of Matthew Berry, the fantasy football guru from ESPN.  Well he just came out with his annual fantasy article.  However, read the first 1/4 of the article.  It describes his process of buying a home. I think you'll everyone here will enjoy it.  

Happy Reading! 

Welcome aboard Jeff.  You live in a hot part of town right now. 

Thank you Amanda!