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Pre-Approved for FHA, considering creating an LLC to protect mysef against potential future lawsuits with tenants. Is it worth it?
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First off, thank you to this forum. Through advice given to others and lessons learned, y'all have helped me build a fairly solid list of rules/regulations for my future 4-plex. The issue today is I'm worried about sc...
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There was a small fire in one my units and the unit will be unlivable for at least a week. What do other landlords think about my obligation to pay for temporary housing (i.e. hotel room) for the tenant while the unit...
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Hi guys,
I have a duplex (3/2 and 1/1) where I own this property in it's own LLC and do LTR on both. However, I'd like to use the 3/2 as an airbnb. I have a normal commercial real estate policy on this with an umbrel...
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I am looking to protect my assets as much as possible. Wondering if i should form llc or if you have other ideas or strategies i should look into employing? Any advice would be appreciated
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Hey everyone! I'm closing on my first property next week (finally!) and I've been advised by some friends to go the LLC route. It's a triplex, and I do plan on purchasing more in the near future. I guess my question i...
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Hello, I need a good landlord policy coverage with reasonable pricing and great service. Any suggestions would be helpful. Thanks!
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I am 6 days from closing on a new SFR and am having trouble getting insurance on it. This property requires renovations, and due to the location I am estimating I will need 60 days to finish the project. Contractors a...
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Any help on life insurance advice. I got whole life insurance and some agent knocked on my door selling term insurance . Can anybody have insights to the matter
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Hi everyone,I have an LLC that holds a couple of properties. Am getting a lower premium (approx $250-$350) if I have one of the members of the LLC as named insured. Upon some research, I found that the 2 disadvantages...