All Forum Posts by: Kyle Joseph

@Pat L. I should add that the value of the property is ~$310K

Thank you both for the responses. 

@Pat L. So your thought is that a max umbrella insurance policy (based on agent's I've spoken to it sounds like $10M may be max for me) will cover any possible issue that arises at your rental property? Are there any particular areas you feel more exposed than if you had it in an LLC, besides if you are sued for over $10M?

For those that have purchased a rental property 2-4 units, how do you protect yourself from liability given that you cannot purchase the property with an LLC using a conventional loan? Do you use an umbrella insurance policy? Is there a way by which you can ultimately get your property into an LLC without violating the rules of the loan?

Thank you,

Kyle

Thank you all very much for the recommendations

Hi,

I am reaching out to see if anyone has referrals for building inspectors in the Concord, NH area? 

Thank you,

Kyle

Hi, I am an investor looking for multi-family properties in Concord NH and Nashua NH.  I'm planning to attend the meetup.  Thanks for organizing.

Thanks @Shawn G.

Hi,

I'm reaching out for referrals for brokers in Tampa, Jacksonville and Orlando to help an out-of-state investor buy multi-family properties. I'd greatly appreciate any referrals and if there's anything I can do for you in Greater Boston and NH, please let me know.

Thanks,

Kyle

@Steven Rubino Congratulations, the pictures look great

I think one thing to consider is whether you are investing short term or hold long-term.  If you're holding short-term, things such as days on market, are properties selling at less/same/more than asking, is sales volume increasing or decreasing, etc.  Your investment horizon is short so these shorter term indicators are important (not to say these aren't important for long-term hold as well).  If you're going to hold long-term, I would look at things like population growth, employment growth, wage growth, demographic changes, taxes (both as property owner and for working tenants), public investment, are there private investors and what are they doing, etc.