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Hi, first post. I hope to learn a lot! So, I am looking at doing Airbnb/VRBO type 3-7 night rentals. My main concern is liability and what can I be sued for. It appears 401k's are basically untouchable anywhere and in...
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The rental property has a huge back yard and the tenant has asked to install a storage shed.
I'm considering adding a Lease amendment with the following conditions.
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Tenant is allowed to install a s...
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My rentals have had 2 separate floods a dryer and a washer go all in 3 days. Can’t sleep. How do I handle the stress? Does it get better?
Hello everyone! We had a situation that we are curious if anyone has seen or heard of before. Any feedback would be appreciated!There is a 2 unit property for sale that we recently looked at. Side by side units, 3 bed...
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Hi I was wondering the type of insurance most of you landlords use? Does your insurance cover unlicensed handymen & contractors that are not insured? Do you always get contractors that are bonded & insured?
HI All,Alright, I have read J Scott's book and am aware that you want to hire someone who is licensed and insured etc to do my labor for a flip... But I know someone who is really good at rehabbing but is not licensed...
In the sense that right now I own my house under my own name and would like to buy another house. If I start an llc, how do I move those houses from something I own to something the business owns? Should I even both...
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Do I need to get an LLC and/or separate business accounts for my finances when doing a rental business in order to protect my assets against potential lawsuits?
Hello. I live in Los Angeles, and want to buy rental property here. I read that if someone sues you personally and finds that you have interest in an LLC that owns a rental property that person can take your LLC inter...
I am planning to file an LLC in AZ where my first rental is purchased.
1. Can I file LLC using online services and generic operating agreements for a married couple? manager managed instead so only my name is displa...