Gerald Jarreau
Occupancy Standards in Louisiana
I have a one bedroom condo I would like to rent out. I don't want to discriminate against people with children. I am unsure as to what the law permits. I think the old rule is two people per bedroom, but there has bee...
Mathew Pezon
Do Properties in LLCs count toward Fannie Mae 10 Property Limit?
Hi BP!
If an investor already has 3 properties in their personal name and, say, 20 single family properties owned in LLCs all with commercial mortgages... is this investor then eligible to purchase a 4th property wi...
Paul Baldasaro
What does everyone require for insurance coverage limits?
What are the limits you require a contractor to have for insurance. I flip houses in MA and have had some contractors give me a hard time saying I am asking too much. My limit requirements are:Commercial General Liabi...
Michael Vincent cangialosi
Ideal Corporate Structure for Residential Rental Company
What is the ideal structure for a residential rental real estate company? I have been told that each property should be put into its own LLC. Do I need an umbrella company or corporation? What would be the advantage o...
Brian Neisig
Considering putting rental in an LLC, HELP!
We (wife and I) have one rental property, in our own names. I am seeking to limit legal liability in the event of the unfortunate occurring. I have always worked for 'The Man' and have 0 experience in starting an LL...
Ting-yu Tu
How costly or difficult is it to transfer property from an LLC back to the LLC owners
We, husband and wife and our children, live in a paid-off house (A1) with short commute to work.For the sake of better school district, we are buying another house (A2) and plan to live there for the next 8 years.We...
Account Closed
syndicated deals - who secures the loan?
Let's say one syndicates a deal to purchase a $30m apartment building with 25% down;Who is going to secure the loan? Obviously, the sponsor isn't going to carry a $30m debt himself and be the only guarantor Theoricall...
Harman N.
What happens if house prices go down after HELOC appraisal?
Hi all,Let's say you get an appraisal and open a HELOC, and some time later house prices in your market come down. What happens if:1) You've already taken a draw from the line of credit2) You haven't drawn on itI'm gu...
Austin Cottrell
House Hacking - insurance question
Hello,I'm about to buy a Duplex to be used for house hacking. I'll be living in one unit and rent out the other to make a nice $250 profit as well as no rent needing to be paid on my end. My question is what insurance...
Julie Verardi
Looking for good insurance agent in Jersey City
I currently have Farmers Insurance for my 2 unit multifamily in Jersey City Heights. Which I pay around $1,600 for the years. I also have State farm for my condo in downtown I pay around $450 for the year. My insuranc...