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I'm considering getting a first rental. I'm considering getting an LLC mostly to protect current personal assets. Would you suggest to get the LLC or not and why? Is it possible to get a mortgage for the LLC?
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I'm considering purchasing a 2 flat property in a suburb of Chicago but the timing isn't great for the family to move--I would rather not pull our child out of middle school during the last year--so I'm wondering if t...
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Hello everyone,I'm a new landlord and I'm just trying to find the best way to politely ask a tenant to fix something. I recently encountered that the deadbolt on the door is broken and what happened was the door must ...
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I am buying my first rental properties very soon (4 rentals) and I am wondering on the communities opinions on whether or not I should form a LLC and hold the properties in that or if I should just hold them in my per...
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I'm looking to buy a business (Pennsylvania private S-corp) and property. There is hostility between me and the seller and if he discovered I am the buyer, he would refuse to sell to me. I need to know the ways/metho...
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Hi everybody! Just want to ask anybody here who has the experience with this sort of thing. We live in CA, Los Angeles county to be exact,where there is a current moratorium on evictions due to Covid. My new tenants h...
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I now own 3 multi family homes under my own name. I am looking at a commercial building also, all for buy and hold. I need to start a company because I don't want these in my name and need some protection. I need a...
In the short time that I have been on here, I have followed many discussions that touch upon asset protection. While doing some research on the topic, I learned that Pennsylvania does not have a homestead excemption....
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I just wanted to see what the STRers out there are doing. I've heard some folks on BP comment that when they are listing their STR on AirBnB (which I'm about to do), they feel comfortable that the legal contracts on A...
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One of our Section 8 tenants just informed us that he may end up in an extended stay in a wheelchair. It is a 1st floor 2 bedroom apartment and he has a live in girl (on the lease). They have been tenants of the buil...