George B.
Section 8, LLCs, and Asset Protection
Hi all, I have a question about asset protection strategies and Section 8. My LLC recently closed on a property with a Section 8 tenant already in place. My original intention was to open a separate LLC that would b...
Mary Jay
Primary residency bancruptcy protection- time frame
Hi guys,What is the time a person has to live in a primary residency in order for it to be considered primary residency for asset protection purposes?Lets say a person is thinking they may go through a bankruptcy or ...
Roshael Reece
Asset Protection (Umbrella Policies and LLCs)
Good day,
Has anyone heard of the company below? I have 5 rental properties. 2 of them are in an LLC. In addition to carrying a $300K liability coverage on all of them, I have a $1M personal umbrella policy. I am...
Mike Jones
Asset protection Structure with less anonymity
Trying to incorporate with a hybrid structure that will provide asset protection, but be less anonymous for various reasons. The structure consist of a single member WY holding LLC that will 100% own a local LLC. I wi...
Robert Miller
Asset Protection from committed intimate relationship
I've been with my girlfriend for 3 years, and living together for 2 year in a rental home, sharing expenses, but not bank accounts. I recently purchased a home which we both moved into, and she is now paying me rent....
Samantha McEntire
Multifamily deal considering current Tenant Protections
Hi all, currently looking at a duplex in the Arcadia lite spill over area. It will cash flow ~$150/month as is but I think the area will be turning in the next 3-5 years. Not a ton of cash flow for the 25% down I'll n...
Gina Nicolas
Are sex offenders a protective class
Good evening all,
I have a 2 units property that is managed by a property management company. I have received a text from my 1st unit tenant that a sex offender is living in the 2nd unit. First floor tenant is panic...
Rick Baggenstoss
How do you protect from theft?
Theives stole a fridge and stove out of my nearly completed flip this week. Unfortunately, this was not a planned budget item.
I can live with the financial loss, but I hate to think the thieves will do this again...
Quandra Adams
How to protect RE from litigation?
I just got word that I should be getting served from an incident that happened 2 years ago. I have since purchased my first property and I am wondering what measures I can/should take now to protect my property from a...
Quandra Adams
Irrevocable Trust: Best protection against suits?
Are Irrevocable trusts the best way to protect RE against lawsuits? If not, what are better methods? What are the turn around times and how much of the process can I do myself to save $$.