I am an investor from Los Angeles. I have properties in Indiana that are in Indiana LLCs.My lawyer was the one who advised me to make a California LLC which will be the single member of all my Indiana LLCs. I heard t...
I'm wondering if it's a good idea to open up a different LLC for each rental property or is there too much headache to make it worth it? Also, I'm not asking on whether I should start an LLC vs an umbrella policy. Th...
I'm interested from both lending and especially liability. We're buying our first rental. We work as missionaries showing very low income in my name and a negligible amount in wife's name. File jointly. Should tit...
Not sure what to do. I have a University student rental with a standard lease...which includes some rules of the house. One of them is no guns in the house. So, student #1 works on a ranch in South Texas and guns are ...
I am about to open escrow on a commercial property (warehouse and offices located in southern California) in which the current tenant is keeping a pit bull dog. I am inheriting the tenant lease with 3 years remaining...
Thank you to anyone that reply’s! I’m just really stuck on this one. I’m really new to investing so haven’t bought anything just yet.
Hello everyone,I am planning the purchase my first rental property out of state (most likely in Cleveland) and I am aware of all the risk involved in this type of venture when we talk about financials.Beside that, wha...
I'll be purchasing my very first multi-family rental properties (buying two multi-family homes). I want to create LLC to protect my other assets. However, I'm a little confused about insurance. Someone suggested th...
I'm going through the purchase process for my first two buy and hold rentals in Philly right now, but I have no idea what kind of insurance policies I need to carry. I've been going through the forums but I can't see...
Good afternoon!I have a client closing on a $2M+ waterfront property in a golf cart friendly community. Does anyone have experience renting one with their units? He is concerned with liability. Thank you!