Jonathan Firouzi
Arizona Rental with Pool Liability Questions (first rental prop)
Hi All!I have a BIG question mark around pool liability. The house I own , I am looking to move out of and rent out to long term tenants.I have searched this board and google and I have gotten answers all across the b...
David Powell
SWITCH PROPERTY TO LLC OR KEEP IT IN MY NAME?
Hello family I bought my first property under my name, should I switch it over to an LLC or keep it in my name along with future purchases? I've heard that doing this could cause problems with your mortgage and insura...
Clint G.
LLC or umbrella policy to protect first property?
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...
Bill Bob
LLC vs TRUST vs Umbrella.....?????
Did some snooping, LOTS of info on LLC and Umbrella policies.....
Honestly still cant pick which one is the better (no one seems to agree), but recently was suggested to try a trust....
The lady mention her parents d...
Steven Maduro
lazy landlord tips for doing work your self the easy way
Hello. everyone.
I am here to offer some painting tips today.
I will periodically add to this topic as I do work myself and learn the ins and outs of
revitalizing property.
So this week I had to paint the interior ...
Greg P.
Hiring Carpenter and his brother with no insurance or business
Hello, I would like to know if anyone in their right mind would hire someone who knows what they are doing, but has no insurance or a business name. He does work on the side and has his brother and side helper to get...
Jeremy Bartlett
When to call a lemon a lemon?
All:I have a 4plex up in Anchorage, AK. I've owned it since Aug of 2018 and in the last year I have had 4 separate claims filed for various water leaks that have cost thousands each... First one was trim nails driven ...
Ryan Arth
ever had black mold in a rental property?
i know this is a rookie mistake, but believe me i have learned from it.
so i have a rental i just picked up, and it appears to have had water sit in it at some point. we find some black mold around the baseboards an...
Jacob Beg
Will this invalidate an insurance claim?
Hi All- I purchased a property from a Trustee foreclosure sale. The risk of loss (fire, accident etc) passes on to the purchaser from the purchase date. It took me a few days to get in touch with the occupant who was ...
Josh Slater
How are you protecting the equity in your property?
Hi, first post. I hope to learn a lot! So, I am looking at doing Airbnb/VRBO type 3-7 night rentals. My main concern is liability and what can I be sued for. It appears 401k's are basically untouchable anywhere and in...