All Forum Posts by: Matt M.

Rookie mistake! I bought my first property under my own personal SSN instead of buying it under an LLC.

How can I protect it against potential lawsuits? 

Thanks

@Matt M., if you think today's prices are inflated, just wait until next year and they'll be up another 25%.

 See, that's funny. I see the same house and I think money. In fact, I bought a house once years ago I still call the "cat piss house". The smell was so bad when you went in it would be like an instant asthma attack. But I got it really cheap, and I factored in the idea of tearing all floors and bottom half of walls out to solve the problem. In reality, my flooring contractor (all hardwood floors) was able to sand the smell out of it - and let me tell you, you've never smelled anything like freshly sanded cat piss - and 98% of the stains, and put down 3 nice thick coats of polyurethane, and the smell was completely gone at the end and never came back. 

My daughter adopted a stray pit bull that was hanging around her college soccer field.  He stays with us some times and is the calmest, wimpiest animal and follows my wife around constantly, particularly if it's raining.  He doesn't even really bark...he'll half-bark on a rare occasion, and pays no attention to other dogs.  See him below spooning with my son's adopted stray cat (who also stays with us on occasion).  Unfortunately, some pits can be unpredictable based on their upbringing.