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Hi All!Just purchased an older three unit, two of the three units need some flooring on the 2nd and 3rd floors. I have been installing LVP after a few years of laminate due to vinyl’s “waterproof” quality. (Investing ...
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So part of my business plan was to buy simple houses. I one floor, no basement smallish houses 700 to 1100 square feet. These are generally 2 bedroom. So this has led me to 5l6 great houses albeit they are all exactly...
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Hi everyone, I have decided that I am requiring my renters to purchase renters insurance With 10,000 personal property and 300,000 liability and that I will be added as an additional interest so I am notified Incase...
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We have tenants who we inherited from the purchase of a rental property earlier this year. We would be fine with them staying, but their unit is in serious need of TLC, and we would like to repair what needs to be re...
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Hello,
My partner and I formed an LLC recently. We have been paying all-cash for some small duplexes and single family homes thus far, but are looking to qualify for financing for our next batch of homes.If anyone is...
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Hi to all, Im planning on opening a Wyoming LLC as a holding company, then open an LLC for each rental that we have in Kansas and Missouri.I read several articles and would like input on the way rental payments should...
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I just got my first rental condo for $310K. For this, I am being quoted $250/year for umbrella insurance which covers $1M/$2M per occurrence/aggregate. From what I gather from this forum, getting an umbrella insurance...
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At what point do you establish LLC and close in those? Our first deal was in our name being we did a live in flip. We are looking for our next non owner occupant investment property.
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Simplify the Process
If you want to spend less time arguing with renters over timely payments, make paying the rent as convenient as possible. Offer online payment options, or, better yet, automatic ACH debits from a...
I am a buy and hold investor currently searching for my first deal in the Western New York area (Buffalo) . I've read about the tax benefits and extra layer of protection you get with an llc, but can you form one bef...