- You legally have to assume any existing lease contract when you buy a property. - What are the differences between your lease and the seller's lease?

These tools could be helpful for you if you are concerned with anonymity and/or asset protection as you grow your portfolio.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Hi Stephen,STRs are legal for certain types of house hackers (you can, for example, rent out two of three bedrooms in an apartment where you live).However, on the more traditional side of investing, the law of supply and demand makes positive cash flow in nyc exceedingly rare because so many people are willing to buy for so many other reasons - namely, appreciation.I’ve seen MTRs offer a slight increase in cap rate in exchange for more work but nothing close to a good cash on cash return from jump. 

Of course, the larger or smaller the loan involved, the more flexibility or depth of analysis should take place based on your risk aversion.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

It will need to include the STR, and it should not change your $800 annual extortion fee, unless your LLC is doing other business besides this STR.The second potential complication is legal issues.

Both will have details on practice area, niche specialties, history, etc. and can help with the vetting/decision making process.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

The lock had changed, the bank had taken over, and what was once a home now sat in legal limbo.The owner had equity.

**Court Proceedings:** Evictions often require legal proceedings, which can be time-consuming and costly.

Real estate investing comes with inherent risks, from lawsuits to creditor claims, and without the right legal protections in place, both your personal and business assets could be exposed.

It is not legal advice and you really should talk to an attorney in OH  that is familiar with landlord tenant law.