Mary Jay
Umbrella liability insurance covering personal+ business assets?
Hi guys,will you please be so kind and let me know if its a wise thing to do to have an umbrella liability policy covering my personal assets (car, my house) plus my real estate investments (rentals) ?If I have an umb...
Shin Ma
Can I turn off the utilities on my name if tenant wouldn’t take them over?
Hello everyone, I always come to this forum to look for information but I have never posted anything, but today I have a question that I can’t get answer for, I am hoping to get some advices here- I have a rental pro...
Christopher Call
New to STR and wanting help
I am looking at purchasing my first STR but would like some helpful hints......
I have a full time W2 career that pays very well. The plan is for my wife to manage our STR. What financing have you guys found works be...
Aaron W.
Establishing legal entity
Currently own three multifamily fourplexes (2 in Ohio, 1 in Missouri). Plan to continue to purchase more soon. Currently reside in Virginia.Working on establishing a legal entity and spoke with one law/cpa firm. The...
Jhosdyn Barragan
How do you take care of the hot tub in your STR?
I recently purchased a cabin in the Shenandoah Valley that came with an existing hot tub. I plan on having it inspected and serviced before our first guest arrives, however, I am soliciting advice from other STR owner...
Tony Ngo
Who is responsible for the damage of a trampoline when a pine tree fell on it?
Hello all,A pine tree branch broke off and fell on the tenant trampoline in the back yard. The tree belongs to the house. It damaged the trampoline and the tenant is asking me to pay for a replacement. I offered t...
Allan Smith
Tenant complaining about Mold
Hi guys-I rented out a 400 sq feet studio apartment about a month ago, and today my tenant says there's a musty smell in the studio, likely indicating the presence of mold. As far as I know, there are no leakages in t...
Elizabeth Atkinson
Do l have to establish a corporate identity, get an LLC before I even do my first project?
Before I found this site I went to one of those 3 day workshops run by an investing guru. I was told by a so called mentor that I shouldn't even start doing deals at all until I got an LLC setup. Of course he would he...
Kevin Oh
Shopping around for better rates
I am in the process of buying a property. I have used a lender in the past and wanted to shop around to see who can give me the best rates. I got pre-approved by my previous lender and by another lender. My previous l...
Yaroslav Shtogun
Lot split with house on the line
Hello Community,
I am seeking advice on the following real estate situation:
I’m in the process of purchasing a double lot property (100x100 in an RS-50 zone) that includes a 1,200 sqft wood-frame house and a 640 sq...