I bought a mobile home with renters in place. They stated that the dishwasher was not working and I therefore replaced it. Within 2 weeks they broke the new dishwasher. What is my obligation with fixing appliances....
My manager awakens me this a.m. with an "extreme emergency." It seems that a guest was, for some unknown reason, attempting to move a slate pool table. In the process of doing so, the pool table supposedly fell on o...
Live in CA but have an vacation rental in Florida and in Alabama. Thinking about a Wyoming LLC for asset protection. Would I just need the Wyoming LLC and to register the LLC in each of the two states I own the prop...
Our LLC is currently being sued and I need help from other who have been through it.We purchased 2 properties with the same loan under an LLC in 2016 and haven't had any problems renting them since. The LLC is single ...
So I have been asked to put the PM as a co-insurer on my policy, but when I ask whether they have any liability insurance, I didnt get a clear answer. Is this a red flag? When will a situation when there is a lawsui...
Hi everyone, I completed the purchase and renovation of my first rental property this fall. It’s rented out as of Oct 1. So my next step is to set up an LLC (in process) and then cash out refinance to fund my second p...
Hello,
I'm going to hopefully be purchasing a few turnkeys properties in the near future using DSCR Rental loans (is there a better name for these?). I've watched and read a lot of the negatives of using an LLC as an...
First off I want to apologize to those of you reading that has seen a post talking about Umbrella v LLC. After doing some research I found out what works best for me and wanted to share in case a fellow investor is st...
My fiancé and are small time landlords. We own two duplexes and do all the work ourselves and both still work regular jobs. Sunday evening we received a text from our neighbors saying their downstairs toilet overflowe...
Hi everyone, I'm a new to this and I have a single family rental home. It's built in 1950s and a lot of the things in it are not up to current code, for example, windows in the living room and a huge piece of glass, u...