I’m looking at buying a potential house hack soon that is 7 bedrooms and 4 bathrooms. I’ll be looking to get 6 roommates and the numbers are great. Someone in my network voiced concern to me about being potentially li...
Could you please give me advice on which Option to choose. I have to buy the property on my own name for option 1 whereas I can buy the property on LLC name for option 2.Does paying more each month in Principle and In...
I am considering screening rental applicants for criminal history. From what I've read, it seems this is rather difficult based on how it could be perceived as racial discrimination. The PA Realtors Association refers...
I'm just outside of Orlando. I would be willing to travel to outside counties for flips. Is it always wise to use a licensed contractor? I know handymen that can do the work probably cheaper, even on advanced stuff li...
Hi Everyone,We own a duplex in NE Portland. We are planning to convert the unfinished basement into a third unit. Our lot is zoned R2.5. Our understanding is that the Residential Infill Project (RIP) will make this ea...
This is worth five minutes of your reading time.
If you have a liability claim at your vacation rental, the claimant is alleging negligence on your part and asserting that you are then liable for damages as a result....
I sure hope so. Lawyers are lurking.
https://www.carolinaaccidentat...
A small nugget from the website:
"In North Carolina, vacation property owners and rental management companies have a duty to keep their re...
We recently closed on a rental property with an existing tenant. The insurance company just sent notice that they will cancel the policy due to a trampoline next to the house unless we sign a trampoline liability exc...
I currently have 6 single family rentals and 2 flips at the moment. My goal is to start treating real estate as a separate business (I also have a day job). I have an LLC set up with a bank acct and all that. But the ...
Hi Everyone, I have been buying and renting out high-end townhomes for 4 years now. One of my recent acquisitions I purchased has a private four story residential elevator. The unit is brand new and I have been living...