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Hey group, I wanted to reach out to you all and get some of your ideas on the best practices for protecting your investment during the rehab process.I am looking at a property in a lets call it a “D” neighborhood. The...
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For those investors with multiple units with many mortgages. How do you hedge your risk incase of another market crash?
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Hey everyone!I wanted to get some input on how can rehabbers protect themselves or minimize risk for the next crash? How are rehabbers affected? how can we take advantage of the next crash how some investors did in 08...
Now that you have an asset, let's talk about asset protection. Below are a few strategies I've ranked from worst to best, which offer varying levels of protection. Worst:
- No coverage, held in your name.
Bad:
...
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Hello,I want to buy a duplex in an area with strong tenant laws. Beyond carefully vetting the tenants, how can an investor protect themselves from squatters if we want to sell years down the road? Or replace a bad ten...
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Hey gang,I have a tenant in one of my units that has an ESA (emotional support animal). She didnt disclose to us before moving in (don't think she is required to) and we didn't mind. She is moving out and next managem...
If you own a rental property, it’s YOUR responsibility to provide a safe environment for tenants. This starts with things like tenant screening, security upgrades, and most importantly, acting swiftly when a resident ...
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Hi everyone, I found a fellow investor that buys distressed houses, rents out some and flips others. I trust him but since this is our first deal, I wanted to see what protections are out there to protect my investmen...
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Hello Guys,I recently bought my first property in Chicago and right now I am dealing with a Property management company (I am based in California). We are working on the Change of management paperwork. They require my...
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I have researched this issue and am aware of the tax disadvantages, and there is no mortgage, ie: no "due on sale" clause, and my state only has 10k in homestead exception. My goal would be to protect my home from pe...