We are currently working hard with legislators to provide protections for parks both locally and in NYS.

Set up an LLC in the property’s state for liability protection, and consider a parent LLC if needed.

Staying proactive not only protects your tenants but also safeguards your investment.

A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate) AND because you closed personally, you will not have Asset Protection, in the form of closing in the name of a LLC/ LLC taxed as an S Corp, or an S Corp.

Would love to get rid of all the spam on the forums but the site is geared towards new investors and service providers; so, I am not the target audience.

I'm not sure how to protect my value add strategy if in partnership and would prefer to outright own.

That means, when they are damaged it doesn't eat up the whole security deposit leaving more money to cover other damages better protecting me. 3.

I’d like to be protected if it takes longer than 60 days to sell a spec.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

Quote from @Gladimir Lobo: Overthinking can be a real brain freeze, and I’m not exactly qualified to speak on the topic.Switching gears, we just assisted a Californian investor in landing a CA$H COW.