All Forum Posts by: Lynnette Pombo

Thanks for all of the feedback. How is it that I could be personally sued if each of my properties are in separate LLCs? Isn't the point of an LLC to provide personal protection?

I've got four units, all paid for and occupied by tenants. Even with high deductibles, the rates are high. Looking for some guidance on going this route.

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Hi @Alex Deacon thank you for sharing your knowledge. Those are some great questions I'll need to investigate further. We are looking at a property that is not in our state so I am relying on our agent to guide us to better areas. Our agent did say that when she did the drive by today she was not encouraged by the area.

Thanks again!

I'm looking at a property that has had some work done to it but there are several homes on the same block that are vacant. Do you think it is a bad idea to purchase near these vacant properties?