I've heard that even if you have an LLC, if the tenant knows your personal name, they can go after you personally regardless of the LLC being the actual "landlord".I'm excited about moving forward (we recently stumbled upon a great property and would love to pick it up right away), but I'm a little intimidated at some of the potential insurance/tax/etc... issues that may arise.Thanks in advance for any and all advice!

Usually I use the term stumbling blocks in the middle to refer to these individuals.

This doesn't seem to be the case in my market - perhaps we will stumble across someone who has pulled off this type of transaction.

Hi, Robert, I've only stumbled on your post today.

I didn't have the foggiest idea what I was doing and I REALLY wish I'd stumbled across this site back then before I got myself in hot water.

I have a duplex built in the 50's I noticed that a similar duplex down the street was for sale and upon viewing the pictures I noticed it had a washer dryer hook up stuck in the utility closetthe owner moved the hot water heater to the left and and expanded the space I decided to do something similar in my unitsI actually used one of the hall closets there are two in the unit one near the kitchen and one outside the bedrooms I decided to use the one nearest the kitchen and ran plumbing and electrical to the closet widened the opening to accept a stack washer and dryer and installed vent holes and duct work to remove the lint.from the dryerof all the things I did in my unit from tiling to new lighting and laminate flooring over carpetprospective tenants seem to appreciate the washer dryer hook up the mostI think a close second is the laminate flooring but I wont know until it is all down and I have my first looks.this is probably old news to you veterans out there about converting a closet into a washer dryer room but I am a newbie and just happened to stumble upon this idea when I saw my neighbors house otherwise I may never had had the inclination to do it.

After several such instances, I learned it was better to eliminate the stumbling block in the middle and do my own searching.

hi, all just stumbled upon this website today and looks like it will be a great place to hang out.

I was looking for REO properties for some of my clients a few days ago, and stumbled onto this web site .. all I can say is .. it's UNBELIEVABLE.

Just get out there an stumble forward.