Hey everyone, I just closed escrow on a duplex but I have been having some concerns regarding renting both units out to tenants.
First, I am going to be placing a community washer and dryer but powered by one of the ...
I am looking to purchase my first investment property SFH by using the BRRRR model. What is confusing to me is that most books advise on protecting your asset under an LLC. But then they say I will have a difficult ti...
'You need to set up entities to protect you from lawsuit liability' is the general advice.
In my area, liability insurance cost $22 per year for 300k
Somebody needs to explain me, what can happen, whic...
I need to personally guarantee a mortgage for a refi that I am doing on an investment property of mine. The property is under an LLC. I have other properties that are owned with other partners and those are also in LL...
Hello there! I'm new to the community. I was told this was a great place for this kind of question.
Context:
I have been a very successful handyman for 2 years, with a prior business degree & past history of run...
Tenants in our townhome reported that their garage door was hit & damaged. It's clearly dented and broke hinges, so not fixable and needs to be replaced. However, they claim no knowledge of how it happened and do...
So after a few years of investing, I had a career first on Tuesday. One of my tenants called and said they had been robbed. Someone kicked in the back door, ransacked the house, stole TV's, etc. All in broad daylig...
Hi I am a new landlord, just purchased my first multifamily property. The house is old and was neglected for many years. I am doing insulation all over the house, to get it ready for winter. I have a TAW tenant in one...
Hi Everyone,
Long time lurker. First time poster.
I read a lot of landlords requiring Renter Insurance on their lease and to be added as additional insured.
Other post that if they required it they would have less...
Hello everyone my name is Brian. I have been reading a lot of books and listening to Ken McElroy on YouTube. I want to start my business the right way and was looking for the right steps that I should take. Should I c...