Hi Guys, what is the best for liability insurance when you own rentals properties?Is it to have each property under an LLC or having a 1 or 2 million dollars umbrella liability ?Please let me know your thoughts, i wou...
Hello Everyone,
As a new investor, what was the biggest mistake you made and what would you have done differently. I am opening the discussion for newbies such as myself to learn from the mistakes of others and avoi...
The duplex I bought was a gut rehab with no shelving, so I installed it myself. The upstairs unit has a walk-in closet and I put a long shelf with a hanger bar on the two long sides and short shelves on the third size...
I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
All I hear about is how great STRs are and how in the correct market they can basically be a money making machine. What are some of the cons or risks of owning a STR that a new investor should look out for? Asking any...
Hello, I have just joined this site and this is my first post. I have been impressed with the wealth of information so far and I am looking forward to learning so much here.
We recently refinanced our home to...
I saw a post earlier asking where in Philadelphia people should buy. Philadelphia is still quite affordable compared to the rest of the northeast and mid Atlantic. I know norristown has had some crime issues in the pa...
There are so many discussions on here about the most appropriate asset protection strategies for various situations. Umbrella policies, LLCs, holding LLCs, land trusts, etc. People debate whether someone else can si...
I plan to buy a rental property with cash from personal assets (stock market) and I plan to have the title held in an s-corp, for liability protection. Is there liability protection value in having the s-corp borrow...