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Can you put a mortgaged property in an LLC? A single family or 1-4 unit. I was told that you cannot do so unless the property is paid off. True or not true?
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I'm interested in purchasing property for potential Airbnb or long term rental in the Lake Arrowhead/ Crestline, or Big Bear Lake area. Currently a Los Angeles resident. The main issue holding me back is fire risk, es...
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About a month ago I started working with a local broker who is also a property manager for our investors. He has been doing this for 28 years so I learn so much. Here's what I learned just last week...We received a ...
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My new tenants seem to want to take care of repairs themselves. They are a couple in their seventies, so I see their obvious aversion to having the landlord coming around to take care of things as evidence of their de...
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Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...
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Unlicensed uninsured tree trimmers the landlord hired, downed limbs on house power line causing huge power surges. Landlord did not notify Oncor before the work started.Tenant notified landlord when the limbs came dow...
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I allow my tenants to have most dogs. the exceptions are very specific quoted from my landlord's insurance. if my insurance will not cover damage of any kind caused by, say a german shepherd, and a prospective te...
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Hello everyone,
I am under contract on my first long term buy and hold rental. It is a 4BD/1.5BR SFH in Auburn Maine. I am paying $113,000 and will be replacing the roof on it this spring. Everything is currently fu...