Does anyone have experience with creating LLC's in Nevada, Delaware or Wyoming to then own an LLC in another state?
Hi all, My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set u...
Hello,I am going to be purchasing my first rental property shortly and am very excited to get started but want to set everything up correctly right from the start. I have a few properties in my sights. There is some...
I’m trying to figure out what is the best way to hold rental properties. Is it better to place them under LLC’s or hold them under your name and then carry an umbrella policy to have more liability coverage?
New to the forum here. Disaster struck last week and one of my rental properties burned down. Being told by neighbor that fire started in next door detached garage by vagrants on a property that I do not own. Both the...
Hello,Do I have to give notice to enter a rental if the tenant has moved out, but the lease hasn't ended?I have a tenant with a lease ending 8/31. She emailed saying that she cleaned, she left the keys, garage door op...
I'm in the process of purchasing a 4-plex that had a fire in one of the units; the structure is fine but it got me thinking. If a fire happens in a multi unit property and forces all the tenants to move, what is the l...
We just had a fire at a tri-plex. Occurred in an occupied unit with no one home in that unit (no one hurt), fire has investigated and they believe they know the cause, but are not 100% certain. It does not appear th...
hello,Just wondering what the insurance requirements or suggestions would be for a rental property that is owned outright without current property insurance. Is it a requirement to have property insurance in addition ...
Making offers on rehab projects in Chicago. Need to get Builders Insurance/ Property insurance lined up. Anyone have recommendations or advice they can give me on this would be greatly appreciated?