Jeet Sangha
Did You Know? Trust-Owned Homes May Face Insurance Issues
27 January 2025 | 0 replies
If a home is titled in a trust (or an LLC), the trust or LLC should be added as an additional insured to avoid potential disputes during a claim.To confirm, we reached out to an insurance carrier, who clarified:“A carrier can potentially deny a claim if the home is titled in a trust or LLC but the insurance policy is under the individual homeowner's name.
Franklin Marquette
Hello from LA - Brand New and Eager to Learn
23 January 2025 | 8 replies
Also will be adding two ADUs in the back to turn the whole place into a 4 unit rental.
Jemini Leckie
Unrelated Tenants In a House Hack
14 January 2025 | 2 replies
You already live on the property and would be adding three more unrelated people, which is not allowed.Here's a link to the actual code:https://online.encodeplus.com/regs/orem-ut/doc-view.aspx?
Anastasia Rodriguez
How to find MTR Partnerships in chicago
14 January 2025 | 2 replies
I sent you an email so I could be added to your group!
Eli Edwards
Has anyone tried this?
23 January 2025 | 4 replies
Quote from @Tanner Pile: @Eli EdwardsJust like Tanner said, a quitclaim/promissory note must be added to the property.
Account Closed
"Additional Insured" clause in PM contract
17 January 2025 | 7 replies
I appreciate it.Aside from the option to be added as 'additional insured' they have the option to purchase a "ProtectionPlus Bundle' from Surevestor, which includes several things like protection against eviction costs, wilful damage to property, over a $1 Million third party liability protection, loss of rent protection for 25 weeks etc.This is $50/month.
MIchael McCUe
running a blog on my website
19 January 2025 | 4 replies
Patio door prices can depend on the Model of Patio door you are looking for, for a standard 60x80 in white it will cost $1900.00 colors can be added, and for a patio door 72x80 the cost will be $2100.00 Outswing for a 60x80 will cost $2600.00 installed, and for an outswing 72x80 it will cost $2700.00 installed outswing with Grills for a 60x80 costs $1860.00, and an outswing 72x80 will cost $2300.00 installed.You also add blinds to all sliding and outswing patio doors for an additional charge.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Note that legal and transfer costs are not deductible but can be added to your cost basis.
Hector Romero
Financing and Planning Additional Units (Young Investors)
13 January 2025 | 2 replies
Your PSF will be much lower than it would be adding one small unit per lot.One thing to note is more than 4 units or more than one ADU changes the financing that is available.
Ashley Shearer
Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!