The more I research the concept of forming an LLC, the more confused I get. For the gist of my understanding, proper insurance should cover you for liabilities. But on the other hand, an LLC formed on a specific prope...
I know you are supposed to use Fair Market Rents from HUD to set your rental limit for section 8 housing, however does Manufactured Housing that is rented as a POH have any reduction factor for rent limits? I am looki...
We just put our first property for rent: 2,800 sq ft, 3 bedrooms, 2 bathrooms, fenced yard, quiet neighbor in Smithfield, NC. We closed on 9/5, renovations are almost done, and we are eager to generate revenue. The pr...
All, I'm in the process of buying a townhouse with Ocean Views in Hampton, Virginia. It is fully furnished and I can tell it had previously been set up to rent as 2 units. The property is set up where the basement has...
We have a commercial property under an LLC. Recently, we also purchased a residential lot (under the same LLC), where we plan to build a house and sell. Would you recommend we put them the two properties in separate...
Hey guys - I bought a 3-family last October FHA, 3.5% down payment and was recently kicking around the idea of condo-izing the property and selling the best unit in the property that is completely renovated. I obvio...
I started looking to invest in my local area about 6 months ago and I have had no luck. I am now looking at buying properties in the US and was wondering how it was done? I have a Corp. set up in Canada and would...
Texas Statute of Limitations (SOL) Related to Title of Real Property
While not exhaustive, below is a list of liens and judgments along with the Texas Statute of Limitations that may be filed or found in the real pro...
Hello everyone,I am finally ready to invest in a rental property and my goal is to get one property by the end of the year.
Anyways, I need to setup a California LLC (I have a business and assets I want to protect) a...
Protecting Your AssetsIf you are sued because someone is injured on your rental property, including a guest of the tenant, then your personal assets are not necessarily protected as an individual landlord. Regardless ...