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Hi All,
I am a new investor who will purchase his first US property as a rental and I am wondering if I should open an LLC or would purchasing adequate insurance and an Umbrella policy do the trick to protect me.
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All,
First post for me but from what I have read thus far, this forum is great.
I live and work in Massachusetts in the Financial Service industry and have amounted a small (>100k) in cash over the last couple of ...
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Most note investors originate new notes or purchase existing notes (sometimes at a discount to principal).. To obtain an “outsize” return on originating notes the note holder needs to assume a larger than normal risk...
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Hey everyone, I accomplished my goal of getting my first rental property under contract by the end of 2017 and I close on this property soon. I have been calculating the best way to grow my portfolio, but I am curious...
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I am a physician. For years, I owned and self-managed or had a property manager for up to 5 SFR at a time. After a divorce, I sold all 5 properties and made money (1 was basically break-even). However, managing was ti...
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Hey guys.
I currently have a condo flip in escrow and I am having the biggest issue with the HOA.
To start, I made a mistake... At the beginning of escrow when purchasing this unit, I asked for the proper documents ...
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So I just found out that my tenant has 2 cats. He has been here for about 4 years.What should I do?I have in my agreement that there are are no pets and he would inform me if he has one.What should I charge him?Pet re...
So I have a question that I've doggedly tried to find the answer to. I've heard from the REI community that it's best to put each investment property under their own LLC for personal asset protection. However I'v...
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I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...