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27 February 2020 | 1 reply
These folks will be responsible for protecting your asset physically and financially so taking your time to deep-dive into some research before making any moves will increase your chances of success when you're out-of-state - it is not impossible!
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28 March 2020 | 6 replies
After I posted this I spoke with two real estate attorneys AND my accountant who confirmed what the two of you said and added some points: The LLC adds a layer of protection, one attorney did bring up that an LLC does not protect the landlord against liability for lead paint (the vast majority of homes here are pre-1978).
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13 June 2020 | 12 replies
@Guy YoesHaving your management company the owner of the property weaken your asset protection.
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28 February 2020 | 4 replies
What kinds of things do you do to protect yourself on a house with a pool that is a long term rental?
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3 March 2020 | 10 replies
The commercial liability (or umbrella policy if you have less than 4 properties) is the overarching policy that coordinates gaps in all other insurance policy to give you greater protection.
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28 February 2020 | 1 reply
Make sure you are only choosing based on approval criteria and not any protected classes.
6 March 2020 | 7 replies
Aloha @David Dong, I would contact the Hawaii DCCA - Consumer Protection Office at eight o eight five eight six two six three four to get some guidance and ensure you don't violate any Hawaii Laws in securing your property and handling the tenants deposit.
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28 February 2020 | 3 replies
I don't know what I need to do to legally protect myself and I certainly don't want to be in a potential squatter situation.
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1 March 2020 | 38 replies
I can now buy a property anywhere and remotely control almost every aspect of it to protect it or even rent the apts out without necessarily being there, by opening locks remotely, etc.Something to think about!
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4 March 2020 | 5 replies
Greater consumer protection has been achieved by Property Code Section 5.061, the SAFE Act, and Dodd-Frank, but these measures have also had the effect of raising closing costs, particularly if an RMLO intermediary agent is involved.