HelloHow can a landlord lose everything and what can he or she do to protect themselves .I have learned some about putting properties into their own llc's and I understand you can get an umbrella insurance policy as ...
I am looking to either add a protection period into the contract I currently use for wholesale deals or find a contract that already includes this. Something that simply states that the buyer I assign the contract ove...
Hey everyone, this is a pretty common discussion point on here and I have tried to search the existing posts to get the right answer, but at this point, I think I'd rather get assistance directly. Anytime I ever read ...
For a background, I have a condo to rent which there are residents below and above. Getting a qualified tenant in the unit has taken longer than expected and I have decided to accept one pet. My initial thought is t...
So my initial plan would be to set up an LLC for each property and assign a trust as the "owner". Then I would place all of the LLC's under a holding company that will more than likely be an S-Corp, undecided though, ...
This is another excellent example of how a law-abiding Landlord fails to get justice. He's done everything right by providing this tenant far more notice than required. The tenant is in violation of the lease and the ...
With the slew of COVID tenant protection laws, should there be a bit of drafting/additional information that needs to go into a lease renewal/addendum to protect us as landlords? Would love to hear from you as to how ...
I have a question regarding asset protection during a BRRRR. We plan on paying for a property in cash. After renovations and 6 month period to refinance. During this time the property is not in the LLC. If you are ren...
I have two rentals about 100k each and going to buy a third. I have been thinking about purchasing a Wyoming llc and have a Texas llc for every couple of properties be managed by Wyoming llc. Is this a good route for...
I found a 7 year 5% down 4.2% interest only loan for a 2 family in an EXCELLENT neighborhood and told my lawyer I wanted a clause that stated at the end of the term or for any foreclosure that I can not be found liab...