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I own 3 rental properties in different states and am looking to protect my personal assets. I thought that LLC would be my best option, but I've also been told that if the LLC is in you own name with you as the mana...
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So I will be closing on my 4th property shortly. I currently hold a single family, long term rental in the Denver area, another in Moab, a duplex in Moab (I live in half), and will be acquiring a nightly rental in Mo...
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Hello all, does any know of some insurance companies that does coverage for rehabbing?
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The majority of our STR investors and vacation rental buyer clients ask or elect to close their acquisition in an LLC.
The primary determinant (beyond the tax implications) is whether the lender will underwrite and ...
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Hi All, I searched BP and couldn't find any past threads about this topic so wondering if anyone has encountered my situation! I have a tenant who flat out told me they were not going to pay June rent. I served a 3 Da...
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I came across a "for rent" sign, called, and subsequently rented from a guy after he agreed to repair some things, or pay for items and I'll repair them. The apartment looked rough upon initial inspection, but appear ...
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I just wanted to share this story. It's amazing all the BS you have to watch out for as a property owner.
I got a letter from an inspector that someone at a property I own had been involved in illegal dumping and I ha...
I currently reside in Philadelphia, We bought our first home in 2015 for 155k. We are not planning on moving to Indiana. My question is should we sell or rent it out? We owe about 132K left on it at 4.0% We upgraded t...
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Has anyone gone from 8 units to 4? Or 4 units to 2? I know it’s against the status quo but just a random late night though I had. What if we turned an 8 unit into a “luxury” 4 unit? Would a full gut rehab probably b...
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Hello all, I've been reading the forum for a while and decided to sign up today.
I'm from beautiful Western MA and travel all over New England - a full time Analyst for a major utility by day and...