The situation:We very recently purchased a property based on a home inspection that was currently occupied by a tenant. Turns out there was a LOT of hidden damage. From what I understand, there is little we can do bec...
Hi all,My tenants is looking to have a roommate move in with her. I am having the new roommate go through the usual application process (background/credit checks, application form). My question revolves around the sec...
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
Hi everyone!I have been debating creating an LLC or conducting business as a sole prop with DBA (doing business as). Currently, I do not have any properties. However, I plan to purchase my first rental property in t...
With the new Ai surge, there is a prediction that these jobs will have a high likely hood of being replaced. If I want to get a job in the real estate markets is this a concern? And what else can I do in order to buil...
Hey everyone, just FYI I have a long story, but I want to make sure I understand the process before I go forward. I've been looking into Tax Liens and Deed Auctions. I've found a house on a major highway in my hometo...
Hi guys,I feel like I have been taken, but I am not sure what to do. I went to a big name real estate attorney regarding asset protection and estate planning. I was advised to put all of my properties into LLCs and to...
I am curious to know how you guys name all of your LLC's if you have more then one?
I have formed one LLC and I need to form more for my rental properties, but not sure how to name them.
I need to advertise for the...
I'm into my 3rd rental properties (with very decent renters) under personal ownership. We increased our umbrella policy to 2 million. Insurance agent advised that this should be ok. Any thoughts?
Hello!I live in Minnesota and am a new investor and new to everything. I am confused and unsure of what to do. I am trying my best to educate myself, but when there is conflicting information, I second guess everyth...