
5 January 2022 | 4 replies
Real estate is commonly viewed as an inflation protection, so demand increases, which has an upward pressure on pricing.

3 January 2022 | 6 replies
Governor Ralph Northam signed a budget bill extending eviction protection until June 30, 2022.

7 January 2022 | 3 replies
With regard to liability protection, it would be a good idea to consult a lawyer.

12 July 2022 | 6 replies
Let's look at the law.Telephone Consumer Protection Act Of 1991 (or commonly referred to as the TCPA)While mass texting is by no means illegal, it is heavily restricted.
4 January 2022 | 4 replies
Not a lot of information on it as there aren't many consumer protections out there for "protecting yourself."

24 January 2022 | 1 reply
Hi, I am working on my first property and have a conventional loan, which means my current LLC cannot "own" the asset, which I'm assuming eliminates protection the LLC would provide.I've seen other threads from years ago, from other states, so I'm hoping someone can provide any guidance on whether it's worth it to continue using the LLC or dump it and keep it all "personal".

10 January 2022 | 4 replies
I would document everything, just for an added layer of protection.

5 January 2022 | 5 replies
You should consult with a CPA for guidance on that structure.As for the location of your LLC, you'll want to consult with an attorney who can advise you on domestic/foreign LLC options for maximum asset protection.

5 January 2022 | 9 replies
I bought my first property with all cash and just did a Debt-Service-Coverage-Ratio loan from a national lender.Cashed out refinance at 4.5% for 30 years at 75% loan to value ratio with ~8% in closing costs all in.Example property: $200,000 valueObtained $155k in cash back to be paid at $787/mon for 30 years.Will use the cash to buy the next property or to use for downpayment for the next few properties.This lender will also lend out to LLC in similar terms.Of course, since my LLC/rental are so new (just started 12/21), we had to personally guarantee the loan while keeping the rental under LLC protection against litigation.

5 January 2022 | 16 replies
It would be hard to legally argue that you suffered economic damage beyond the vacant days.