How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...
My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...
Hello All,My name is Spencer Davis. This is my first post, my first question as well as my introduction. I am a new to real estate investing but have been observing from the sidelines for several years now. For 10+ ye...
I'm looking at purchasing a portfolio of MH's in my state. I currently have a SFR rental, and a rent to own MH, both in my personal name. For this package of 12 rent to own MH's, should I start an LLC? Ultimately, I w...
Hello all, I’m curious is there anyone in this group who has personally purchased property in their own name and then transferred it into an LLC? If so, are you happy with how this is working for your rental business?...
I am closing on a property in Desert hot Springs next month as a vacation home (10%) Ideally, I would like to put this property into an LLC for liability purposes. Has anyone done this before?Should I focus on closing...
I'm doing my first partnership flip with my father. He's very adamant about having cameras installed on the property for peace of mind and understandably so. The area the home is in is not terrible but it's not the be...
I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
Hey guys,So this has been a bit confusing for me, but assume I have an LLC that has nothing (0) inside of it. Should I try and get a non-recourse loan, if the loan & property is going to be under the LLC? Is that ...