Holding any asset in an entity as opposed to personally MAY limit potential liability solely to that entity and not expose other personal assets.  

Please don’t be the person who comes into the slow flips group that tries to take advantage of buyer/tenants. 

That ends up being far more expensive and time-consuming than setting things up correctly from the start.My personal belief is that there are only a few situations where titling investment real estate in your own name is actually advantageous.

.• Is it easier to finance as a Canadian using a DSCR loan, a foreign national loan, or personal income, and can projected STR income be used?

Search the county probate court recordsMost probate filings are public.In many counties (including Alabama), you can search online for:the deceased owner’s nameestate filingsopen probate casesIf it’s in probate, you’ll usually see an estate case with a personal representative listed.2.

Quote from @Tyler Foshe: Quote from @Srinivasa Subramanian: @Tyler Foshe based on my experience in calling previous landlords, these are the questions that we usually ask.Pro tip - Always verify that the person you’re talking to is actually the landlord or manager. 1.

If you modify the lease to add this other person, everyone should know they are both jointly and severably liable.

.: I get colleague request from time to time and one of the first things I do is look at a person‘s profile.

But on a personal level, you’re saving a ton by living for free or at a reduced cost — it’s basically trading property cash flow for personal cash flow.Now I’m considering bringing in a private lender for my first deal, and it raised a question: 1.

I would love for this person to be able to counsel us on our entire portfolio (retirement, mutual funds, AND real estate), LLCs, do our taxes, and offer RE professional tips.