Aaron Christen
Transferr property into LLC
28 February 2019 | 17 replies
I always keep mine in my LLC especially the loan and insurance to keep my personal income and finances safe in the event of a lawsuit.
Marcos Collazo
Ways to use a hard money loan BRRR
27 June 2023 | 4 replies
Some of these gurus also find themselves in lawsuits (and are involved in them right now) for making false claims.
Brian Plajer
How to get property into LLC?
8 July 2021 | 17 replies
In a lawsuit, your insurer will bear the brunt of the exposure and pay for the defense.
Account Closed
Analyzing a House hack
14 March 2023 | 6 replies
Id also be a little weary of new construction and do your due diligence on that builder to see if they have had lawsuits/issues in the past, especially with water intrusion issues.
Shoshana Shulman
Who sues for damages
22 August 2023 | 6 replies
A lawsuit is never the place to start.
Kristin Caras
Lehigh Valley Investing (Bethlehem)
3 June 2022 | 41 replies
This certainly could have warranted a lawsuit and we still may send him a letter, but the big deal is that the place could not be rented until all of the open permits were closed and the work redone to code.
James Zhang
Question regarding the title of a property from a Tax Sale
24 August 2023 | 7 replies
Not exactly sure how the suits works where you are, but I would think the attorney ad litum for the defendants should have done their research for heirs and included them or made mention of that in the lawsuit.
Koree Scott
Convert sunroom or garage to living space?
5 February 2023 | 17 replies
Doing the amount of work of adding an ADU (including when hiring out all the work possible, still leaves hiring, design decisions, finishing decisions - similar work to hiring out all work for a rehab as part of BRRRR) and having it add less value than it costs, I do not get why anyone would do this as an RE investment (I do get it as in-law suite for family where the return is not the primary motivation).
Dexter Samour
"Non-Warrantable" Mortgages for Investment Condos
12 January 2019 | 8 replies
Typically, a condo is considered warrantable if no single entity owns more than 10% of the units in a project, at least 51% of the units are owner-occupied, fewer than 15% of the units are in arrears with their association dues, the homeowners association (HOA) is not named in any lawsuits, and commercial space accounts for 25 percent or less of the total building square footage.
Misty James
Tenant deceased, having problems with family members
28 August 2018 | 8 replies
I could definitely see a possible lawsuit as so and so did not get that antique buffet that has been in the family for 200 years.It is a shame that the death of a family member is often seen as a cash grab.