All Forum Posts by: William Frantz

So far the LLC works good for the banking and splitting up the accounts. But the rental property cost of insurance is twice the amount to put the property into an LLC vs putting the property into my name. I am not sure of all the legal ins and outs and why I would want to pay twice as much for insurance.

I am buying a house cash. what is the best to protect my asset.1 Putting it in my name? 2 Putting it in an LLC. or 3. putting it in a trust this one I know very little about. I am wondering which way is the best protection and value.

I don't know yet about the insurance. The store could be changed. To a small apartment with some work.

The price is 55000 And the building is 1900 model updated 8 years ago

Rents are 475+500 for the apartments good for the area the the salon is 60 per chair 

Hello All,

I am looking at a property it has two apartments two bedroom units and a business in the front of the building. The area is residential and it does not have a good parking area there is room but the tenants currently park on the street. There is only one electric and gas for all the tenants. The current land lord splits up the utilities pays the water sewer and garbage. The business is a hair salon it has three seats and one is for rent. What are your opinions as to this kind of arrangement.

gERAT! GO GET EM NUMBERS ARE SOUND CHEERS

@ Brent Coombs

Thanks Brent can I use the house I live and get a loan on it to work on the other house?