Hey everybody, I have corporate rentals and I need an affordable solution just to display pictures and amenities with a webform that enables prospects to enter relevant info.

It has the big color logo too.

Here I can for my apartment buildings get a landlord power agreement where if a tenant is leaving it is transferred into my corporations name.At first glance this sounded appealing.Then I found out reasons to not do it.1.Some tenants will say they are moving and then have power transferred into landlords name.Then landlord gets hit with 1 to 2 months worth of power bills.2.While evicting or for other reasons if power is transferred into the landlords name and landlord finds out and has the power turned off the power representative was telling me the tenant can say the landlord cut off the power and it will be turned back on according to the law.For all these reasons I decided not to have the landlord power company agreement.Instead each time I get power on in my name or companies name I pay a 30 dollar fee with the agreement.I figure I come out way ahead this way while I am rehabbing a unit.In some buildings I am rehabbing multiple units.So I just pay to get one vacant unit turned on and run and extension cord to work on the others.This way I save from paying multiple fees.I can use an outside plug at a tenants instead of paying for one unit to power on but the existing tenants have complained running the tools makes their power bill go up.So to avoid drama I just do it this way.Just wondering what others did ?

See Table 3, Ineligibility Matrix, which says Borrowers that are corporations, partnerships, syndications, or irrevocable trusts....

Why not just go triple net and buy a commercial property with a corporate guarantee??

I set uptwo corporations in Oregon, years ago.

Update:The insurance company is being a pain in the butt.They are saying title has to be fully in the owners name as it was before.We can't get anew policy because of the extra expense and claims history from previous years.The solutions I had come up with before was adding the owner to the corp with a non-controlling interest or titling the property into my name at 95% and the sellers name at 5% with a quit claim deed.A business litigation attorney said on the next one I do I could have an agreement where they seller gives a addendum where I am assigned any rights on the insurance payout.So the owner of the insurance company messed up and I am thinking of suing him for damages.I have completed many repairs to the property and it is just getting turned around.The idea I came up with to solve this and I am waiting on the sellers response I did the wrap with is to quit claim the property back to her but before signing over she has to sign a legal agreement.The legal agreement would state for instance that she has from say January 6th to January 10th to go ahead and renew insurance for the next year and provide proof of the same.By that end date she has to quit claim the property back into my corporation name or agrees to pay legal damages of say for example 300,000.Their credit is pristine so I know they would not want to default under such an arrangement.What do you think of this idea??

To reduce or avoid personal liability, its probably best to create a corporate structure (i.e.

Freddie Mac contact info:HQ 1 - PHO I8200 Jones Branch DriveMcLean, VA 22102-3110(703) 903-2000Toll free: 1-800-424-5401 http://www.freddiemac.com/corporate/about/contactus.htmGive them a call.

I've done it (years ago) and the attorney had $0 in transfer tax since it was a zero sum transfer (show corporate resolution for capital contribution at basis) that showed no benefit to contributing member.