Arjun K.
How much umbrella insurance to get, when paired with LLC and property-level insurance?
I have 4 questions, dealing with two people, Person "A" and Person "B"
1) How much property-level landlord insurance should one get, assuming: The properties in question are all value of ~$250K average with 20% equi...
Brent Cheney
1031 Personal Residence proceeds towards Investment Property
1031 Question I purchased my personal residence Oct 2019, therefore if I sold my house at this time I would be hit with taxes on the gain since I have not lived 2 years or more etc. However, would it be possible to 1...
William Coet
Does a Rental Property LLC Truly Protect Other Assets?
Is it ironclad protection of other assets to put a rental property into an LLC? Are there instances where it can be insufficient and other assets are put at risk? Thanks
Bridgett J Bell
DSCR Loan docs question
Hi
I applied for a DSCR loan to cash out on a free and clear 4plex held in an LLC but the loan officer is asking for my personal bank statements, personal home mortgage statements. I don't understand why I need to su...
Phil Falcini
Cash Out Refi on a MF in LLC Help
I own a 4plex outright that was purchased for cash and subsequently deeded into an LLC on advisement from my attorney. Through normal conversations with other attorney friends, I am not sure I need this property in an...
Chris Pasternak
Knowing when to get a new realtor
At what point do you severe ties with a realtor who is just not living up to your standards/expectations?
My realtor has done the following (but not limited to) and he has me on the brink of relieving him of ...
Scott K.
Using an LLC to get around STR restrictions?
Hi there, we recently purchased a single-family home in a town in Goshen, New York for the purposes of listing it as a STR.
Just before closing, while we were in contract, the town placed severe restrictions on STRs....
Peter Comb
Checking a small local bank for stability
I am looking to take out some conventional loans with a small local bank. Any ideas how to do some due diligence on them?thanks
Louise Murray
Board fixed the election
2 years ago the HOA had 2 positions available. There were 3 candidates.
Each homeowner was allowed 1 vote only. So out of 1000 homes, 335 votes was needed to guarantee a position.
The last election there were 3 posi...
David Oldenburg
California Probate Joint Tenants Question
I have a client who has been on title since 2006 with 2 other people. One of them recently passed away, so the two are left. This leaves the remaining 2 holding title 50/50. My client wants to sell the home and spli...