Saw this topic posted a few times from property management perspective but not from landlord. Should a landlord be listed on a PM’s insurance as “additional insured” or “additional interest”? I’ve seen and heard con...
We have a tenant moving out and when I went to show the property to a prospective new client I noticed that their was water damage to the ceiling of our LR and several tiles in the kitchen had popped out. Both had bee...
Hello BP,
I recently purchased a duplex as an owner occupier. On my first night at the duplex I took a shower, probably 10 mins, and my kitchen was flooded (my bathroom is right above my kitchen). It was a significa...
I'm dumping my 6 condo portfolio for a single STR property in California.
Would you recommend setting up a California LLC?
Dennis
On the latest podcast "20 deadly mistakes" they talked about inspecting units. My question is what if there is damage? I inspected one unit last month and did notice there was some damage on a wall, it looked like a...
From what I've read on prior posts it seems many have the opinion of by self-managing your rental properties, you will not gain any liability protection by owning the asset and performing the property management under...
I work with a handyman guy who has general liability insurance but I don't think he has worker's comp. What am I exposing myself to liability wise? He does all sorts of interior and exterior work and inspect homes for...
Hello;
Wondering if someone can shed some light on the personal liability protection when forming an LLC. I am comparing forming an LLC VS forming a Sole Proprietorship.
I believe that forming an LLC protects a per...
Hey BP fam! I am looking to sign up for services from Anderson Business Advisors and I’m looking for some feedback from any of you who have used or currently use them. What’s been your experience? Thanks for your help!
I live in NJ with a property that I want to rent out that is mortgaged in my name. I understand that deeding my property to a LLC can trigger a due on sale clause on my mortgage. Question, can I rent/sublet my propert...