All Forum Posts by: Andrea Kugelman

I am active as a buy and hold in Seffner. Pm me if you want. 

Hi Brad, If you PM me your email address I can forward you some I get.

Thank you very much David!

Thanks all! I am getting myself an umbrella policy and that should cover myself and my properties, but what will I need for the property management company?

I spoke with my lawyer and my CPA today and they both have different suggestions.

I own a few buy-and-hold and will be managing rental properties for others as well. 

My lawyer suggests 1 LLC with the properties in it and a second LLC for the management company.

My CPA suggests land trusts with the LLC as the beneficiary and trustee for the properties and manage the properties (even those not mine) under the same LLC.

How do I know what is best to do? I am looking for legal protection and asset protection. What type of insurance do I need for each of these scenarios?

I have a good inspector I trust in Brandon area- pm me if you're interested.

Jeff, Might I get a PM with that spreadsheet as well?

Thanks!
Andrea

Daniel R.

Would you mind posting your ad or sending it to me? Ive been looking to rent out the spare room in my house on CL but mostly got scammers multiple times.

Thanks for the replies.
Bryan, Do you find that you need to treat for termites more diligently? I guess that's my biggest concern. It may be different from Florida to New Jersey though.

I have read that Frame is a little bit more to insure, because of termite fears. Thanks for your input!