Ross Yeager
Rental license under LLC, but property owned in personal name
One of my properties is a rental property in Philadelphia, PA. I also have an LLC, but this property is not owned by the LLC (separate discussion). I currently have the property management, rental licenses, all under...
Roman Katz
AirBNB Service help
Hello! I am trying to get my foot into the door with AirBnB with people who already do long term rentals. My idea is to call people with long term rentals and ask if they would like to switch their long term rental in...
Mark Cruse
LLC funding/credit
I'm attempting to build a pattern of good credit history so I could get loans in my company name. I assumed when I acquired a credit card in the business name it would be separate from my personal credit report; it wa...
Account Closed
Homeowner's insurance on a rental house
Do you bundle your rental properties homeowner's insurance with your personal policies? Why or why not? I was thinking it would be better to have each house be on its own, to make it easier for my CPA. Thanks for y...
Katherine Weekes
Advice on LLC set up and/or recommended attorney
Looking for advice (and/or a recommendation for an Ohio attorney) on whether I should set up a company to hold my investment property(ies). I am looking to purchase a SFH in Cleveland, and hopefully a couple more with...
Jesse Spaur
start LLC for first rental? Transfer of $$ to llc?
I have a few ?s regarding business entities and purchasing properties in the business name.
1. What type of business entity should I start for rentals ? Im guessing llc ? and why?
2. How do I get a conventional 30 ...
Tyler Caruso
Umbrella Insurance
Need some help with Umbrella insurance. Currently, I have a personal 2 mil. umbrella policy that covers my house and 25 of my rental properties. They have capped me here and I was hoping somebody can point me in ...
Ping W.
potential tenant with high income and many collections
I have a potential tenant who is a CEO of a small company so he has high income but I found 6 collections account when check his credit report. Many of the collection account has a small balance. He could easily pay o...
Casandra M.
Transfer Title of Rentals to an LLC - Is an Attorney Necessary?
My husband and I want to re-title our three Wisconsin rentals into an LLC. Is it absolutely necessary to do this through an attorney? Any opinions if it's really necessary to use a warranty deed vs a quitclaim deed? T...
Adam Vodanovich
Paid cash for house $142k looking to cash out and rehab
Bought a house in a great neighborhood in New Orleans. We paid $142k for it all cash. Started a new company and put the house in that company. We have owned it for almost 60 days. Looking to pull some cash out to reha...