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All Forum Posts by: M Amin

M Amin has started 3 posts and replied 6 times.

Post: Asset Protection for Rental Properties

M AminPosted
  • Investor
  • Posts 6
  • Votes 0

If you own several rental apartment buildings. Which is better way to legally structure the properties for protecting assets against tenant lawsuits.

Scenarion#1:

Have each property in its own series under Series LLC. Use Series LLC to handle management activities, including collecting rent and signing leases.

Scenarion#2:

Have each property is in its own series under Series LLC. Create a separate "operating" LLC to handle management activities, including collecting rent and signing leases. The operating LLC doesn't own any asset, just liquid cash that is rental income from tenant and expenses against rental properties. Could the shared management function create a "common enterprise" argument that might compromise the intended separation between series?

Is there a alternate way to structure it, please suggest.

Post: Looking for commerical loan

M AminPosted
  • Investor
  • Posts 6
  • Votes 0

Hi Brandon, it is a stablized asset.  

Post: Apartment building inspector recommendation

M AminPosted
  • Investor
  • Posts 6
  • Votes 0

Does anyone have a good inspector recommendation in Chicago northwest suburb ?

Post: Looking for commerical loan

M AminPosted
  • Investor
  • Posts 6
  • Votes 0

Hello BP,

I just signed the contract on 18 unit aparment building and looking for a lender in Chicago area.  Please suggest any good lender in the area.  Thank you.

Post: Illinois - Real Estate - Looking for someone to Assume Mortgages

M AminPosted
  • Investor
  • Posts 6
  • Votes 0

I looking to invest. Let's connect.

Post: 11 Deals Throughout The Tampa Area

M AminPosted
  • Investor
  • Posts 6
  • Votes 0

Hi Jaren, please add me your list. I am actively looking to invest in Tampa area and would like to be in touch with you.  Thanks!