How do you limit your legal risk/exposure?

This board is teeming with people who consider appreciation a "bonus," but ask anyone who's been at this for more than 10 years and they will confirm that appreciation and equity is what creates freedom, wealth and passivity in the long run, cash flow is just a tool to get you there. 

If the bank insists on all of them being in one LLC for example, that could be more exposure than you want.I know that many people swear by their mortgage broker, but I'm not convinced that's the best route for 2 reasons:A deep relationship with one institution (think local bank or CU) will pay dividends as you move through your career.

Everyone asks about a private bathroom but the rent bonus for it is only 50-100/mo.

Many are using this to offset their gains and cover a chunk or sometimes all of their tax exposure.

This will obviously slow down inspections and appraisals because I doubt anyone will want to inspect the unit with a possible exposure.

I would appreciate any input to help us understand the difference in G/L insurance exposures/coverage for a “real estate investor” (separate business, not directly performing construction work) versus a general contractor (directly performing construction work) in NYC and northern suburbs.

Hello,I have a question related to getting accelerated depreciation. Assuming I meet the IRS guidelines for a real estate professional, can I do a cost seg and claim accelerated depreciation for a fix and flip propert...

@Jesse Mao I like really different perspective with exposure to your market.

It is a better strategy to acquire an existing park that is underperforming, which will allow you to have cash flow right out of the gate, minimizing your exposure to risk.