All Forum Posts by: Brian W.

Thanks a lot for your reply Karen.

To further clarify my question, when I ask "How do good, savvy investors find good deals in any market?", the word "market" refers to the economic state of real estate, not the locale.

So, how do smart, savvy investors find good deals even in, say, bubble markets? And, how do they beat out other investors with regards to this good deal?

I'm being told all the deals are drying up. However, I'm also reading from some here that good, savvy investors can always find deals. How exactly do I do this?

Fantastic advice Jerry. Thank you!

So, it's just a wording issue? I should simply say "the application fee is $X" rather than "the background/credit check costs $X"?

That makes sense. So, how could I state it that would not put me in the background/credit check business?

Thanks a lot to everyone for your advice.

Can I pad background and credit check costs thus compensating me for my time and effort?

Great advice. Thanks a lot Keith and David.

Thank you very much to everyone who has responded.

To be clear though, having had both multi-member and single-member LLCs currently and in my past, I fully understand how to properly operate one. My question is more specifically geared toward the homeowner's insurance aspect.

I think I worded the original question poorly, so I will reword it below.

If I insure a property held in an LLC with an insurance company that currently insures my personal home and they place the investment property (that is held in an LLC) on my policy with the owner being the LLC as well as me personally, will this compromise the integrity of the LLC shield?

Thanks Keith. That's some good information for me to look into.