All Forum Posts by: V.G Jason

I hate to be a pessimistic person, but let me just state that it's safe, until it's not. 

Looks like tenants screening is #1, if you're going the property manager route what would you say is the most important thing to screen for PMs?

Thanks ahead of time.

Doesn't a living trust only play a role if you actually own & live in the property, not as an investment property? Or is the combo of LLC/Living Trust somehow negating that?

Also, how hard is it to re-finance a property once you transfer it to an LLC? I'd like to buy my first one soon, I imagine rates are going to be quite high and would like to refi in 2-4 years. But by transferring, does it eliminate the refinance option or make my available pool extremely narrow?

Hello,

I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for anonymity and risk protection. I'm willing to pay the hard lender, DSCR loan route for it to keep myself at bay.

My question is has anyone heard the two company structure of LLCs; one holding LLC that owns the assets, another LLC that is the management of the assets. If so, I have some questions.

If I were to use a property management company, I imagine the mgmt LLC does the negotiating & discussing, but doesn't the paperwork still have to be technically signed by the household owner(holding LLC)? So how does that really give you that extra layer of protection? I am trying to understand how this really divides it.