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All Forum Posts by: La T.

La T. has started 7 posts and replied 12 times.

Post: Is radon testing necessary?

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Thanks Chris and Russell!

Post: Is radon testing necessary?

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Hello!

I am considering buying an investment property in Charlotte. My agent is suggesting that I get radon testing done as part of the inspection. Is this necessary? 
If it does turn out that radon is found, what are my options? Would it be hard to sell the house if radon is found?

Thanks for all your advice.

Post: Good Property management companies in Charlotte, NC?

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Hello,

I am trying to find a good property management company in Charlotte, NC for SFHs. I am checking out Google reviews and calling companies but not one company has answered the phone so far.

Any recommendations based on your personal experience is appreciated!

Thanks!

Post: Home insurance for investment properties

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Forgot to mention, they are Single family homes, foreclosures.

Post: LLC vs personal umbrella coverage for investment properties

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Sorry, forgot to mention, they are Single family homes, foreclosures.

Post: Business liability coverage for an LLC

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Forgot to mention, they are Single family homes, foreclosures.

Post: Title search for Fannie Mae

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Hello,

Is a title search needed for a foreclosure from Fannie Mae? We will be getting title insurance anyways.

Thanks in advance.

LaTha

Post: Business liability coverage for an LLC

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Hello,

Can someone share information on Business liability coverage for an LLC created to hold investment properties?

Does the insurance need a 'person' on the policy or can the policy be in the name of the LLC?

Is there a limit on the number of properties an LLC can contain? Can I just keep increasing the liability coverage if I purchase more properties?

Thanks.

LaTha

Post: LLC vs personal umbrella coverage for investment properties

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Hello,

I am buying 2 investment properties.

Am trying to decide between creating an LLC and getting Business liability coverage for the properties or just covering them using my personal umbrella insurance.

Any suggestions are appreciated.

Thanks.

LaTha

Post: Home insurance for investment properties

La T.Posted
  • Investor
  • Gastonia, NC
  • Posts 13
  • Votes 1

Hello,

Can folks please share experiences with home insurance for investment properties?

The properties I am looking at are less than 10 yrs old.

Is there anything such as typical coverage or deductible?

Any tips for a first timer?

Any experience with State Farm or Ameriprise?

Thanks for the help.

LaTha