Allan Gibson
Liability insurance on properties own by a solo 401K Trust
I would like to hear from any knowledgeable members who a solo 401K trust. My question is how did obtain liability insurance on rental properties that the trust owns? Also can the Trust be sued for issues that arise...
Michael Edwards
Im a New Member from Orlando, Florida looking to learn in order to one day, take over the world :)
Hi everyone!I’m Mike Edwards and I’ve spent the last month lurking the forums/blog and listening to the podcasts. I’m a n00b from Orlando, Florida. Like many who are getting started, I have little personal investment...
Jack B.
Living in a four-plex with three tenants who have constant needs
I like having a MIL apartment, kind of like a duplex. Only thing is new tenant has yet to live there a full day and is already expecting me to let in his son, etc.As much as I find it convenient to deal with contracto...
Isaac B.
Order of running tenants applications
I understand you accept first come first serve as long as they qualify. My question is: applicant A submitted the first application. While I'm processing applicant A's application, applicant B submitted an application...
Mark M.
Insurance
I understand that if the deed lists an LLC then the insurance needs to list that LLC. What if the deed lists the LLC and the insurance lists the owners by name and the LLC as additional insured? Is this sufficient p...
Nina V.
Section 8-First time landlord and already in trouble! Please help
Hi All,In the process of renting our property, we received many applications. One of them was an aggressive lady on section 8. She assured us she has excellent credit score. My dad who was helping with the process, se...
Matt A
Deficiency judgement after a short sale
Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
Andrew Pappas
LLCs, asset protection, and taxes for rental properties
I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
Don Spafford
Anybody worked with Elue Lee with El Solutions LLC for funding?
I was contacted by a woman named Faith Lee on Linked In. She works for El Solutions LLC. The website for them shows they do payday type loans, small amounts. I told her I don't think there would be any need since I ne...
James H.
Just when I thought...
... people were inherently good...I'm pretty sure my new property manager is deliberately stealing from me. In about February of this year I changed property managers for a condo I own in Fayetteville, NC. Yes, C pr...