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What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...
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Hello Everyone, I am looking into setting up an LLC and would like some advice on how I should approach this.
Here is my situation:
Currently I own 3 properties, (2) 1 families and (1) two unit. All are in my name....
My husband and I went under contract the end of January for close date of March 31st to be our primary residence. We have financing in place and all was well until the Covid crisis halted everything. I am now worried ...
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New investor looking for some advice on a fireplace in a rental property (See below). I do not want to deal with the liability of allowing tenants to use the fireplace, so we have a clause in the contract that stipula...
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i closed on my first rental last month. i found a tenant and im looking into insurance. the property is a small 1000 square feet row home in philadelphia. zillow and city have the market value between 47-53k. c...
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Hi everyone,My team and I are purchasing a 3-unit multifamily rental property using a conventional residential 30-year mortgage, but we want the property to be owned by our LLC, not in our personal names. I've called ...
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I have several years of experience as a general contractor and investor and this year decided to convert to an LLC. I have properties clear and free in my name personally and wanted suggestions on securing a business ...
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I have set up an LLC with an investor that has an operating agreement and governs the partnership. We have a bank account with a large sum of money in it and an operating account that we plan to pay for all items (we ...
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I just purchased my second duplex, and I haven't used renters insurance before. How do most investors handle renters insurance?
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Looking for anyone to share experiences based on how they set-up and run their own partnership business.I know how I would like the business to run, but I of course get confused with the legal & accounting implica...