Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi To manage finances for multiple properties, maintain separate bank accounts for each property if held under different LLCs to avoid commingling, which could jeopardize liability protection and complicate tax deductions.If properties are under one LLC, using a single account is fine but requires detailed record-keeping for each property.
Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
@Paulette Midgette I haven't looked at that statute in a while but I would check to see if the Home Improvement Consumer Protection Act ("HICPA") applies to this situation.
Cristal Ochoa
PennyMac Loan Transfer to LLC
7 January 2025 | 5 replies
@Cristal Ochoa @Leiah DotlichI will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
@Charles Evans Zelle and Venmo do not provide the same protections as a third-party rent payment portal.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
what insurance protection does avantstay provide?
Jasper Zimmerman
Property management Anderson, IN
21 January 2025 | 6 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
Christopher R.
Homeowners Insurance/Landlord insurance/Umbrella insurance
23 January 2025 | 15 replies
The lender required me to quit claim out of my LLC which I use for asset protection.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
Protection from lawsuits is a big item to consider as well, especially in higher price range properties.
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
17 January 2025 | 19 replies
If you choose to play with fire, that is your perogative.For your reference, here is a good primer.Here is the key paragraph:Rental discrimination is when a landlord or property manager treats an applicant differently based on the applicant’s inclusion in a protected class.