Codey Yingling
Property Management Selection
24 September 2021 | 1 reply
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.
Sean Zhang
Insurance for small condo purchased as investment property
25 September 2021 | 2 replies
Personal Injury Protection\But there are others that may also apply in your situation.Your umbrella would normally require that you have underlying Liability coverage of a certain amount.
Kayla Johnson
What to Ask a CPA in Consultation
25 October 2021 | 5 replies
We own our primary residence, have always taken the standard tax deduction, have 4 children, one graduating high school this year, have never owned a business, don’t know what could possibly be written off or what needs to be saved throughout the process, and would prefer to have a cpa and attorney assist with the set up of an LLC to ensure we’re getting the most tax benefits and asset liability protection as well.
Cory Benhardt
Security Deposit for inherited tenants
30 September 2021 | 6 replies
A security deposit is a way to help protect your asset; your rental home.
Bruce Runn
Comments about Minneapolis and St Paul rent control initiatives
3 October 2021 | 15 replies
Further, this idea that if tenants don't like it they can just leave is a generalization I mostly support, but there are the slippage through the cracks that needs protecting.
Michael Henzgen
Newbie Investor Introduction
25 September 2021 | 6 replies
It's more time consuming, but more productive as well.
Hend Harb
Title commitment gap issue (Texas)
27 September 2021 | 7 replies
Few escrow officers understand this. (4) I just pulled up what I believe is the most up to date list of title endorsements and I don't see one for buyer gap coverage, which is weird...appears only the lender is protected in this event.
Adrienne Binder
Multi family investment structure
27 September 2021 | 4 replies
Hi @Adrienne BinderThe primary purpose of an LLC is for asset protection--ensuring if something goes wrong, someone cannot come after all your other assets.
Miles Serman
Need books and education in writing contracts with home builders
24 September 2021 | 1 reply
My goals are to make sure that the contracts that I write out protect me and my investors in all areas and to make sure that the homebuilder and/or contractor does not screw me over in any way shape or form.
Leon Doucette
BRRRR using OPM to purchase property
27 September 2021 | 5 replies
My question is how do I protect my interest or structure the contract so I don't leave myself open if something should go wrong?