These are two concepts

来源: beachlver 2012-04-22 12:27:41 [] [旧帖] [给我悄悄话] 本文已被阅读: 次 (659 bytes)

completely not relevant.

PM will not shoulder your liability as the landlord.

LLC, as a separate business and legal entity, in theory can separate your rental liability from your other personal asset. That has absolutely nothing to do with the PM.

Of course, if you have a way to let a PM sign the legal document stating that by charging you 8-12% of the rent every month, he is going to assume 100% liability for you, then it is a completely different story.

The reality sucks. 99% of the PM will let you sign just the opposite - by charing you a monthly PM fee, he is NOT assuming any liability on your behalf.... haha

所有跟帖: 

哈哈,完全同意!(学领导批示:-P)。但是另一方面看, -如山- 给 如山 发送悄悄话 如山 的博客首页 (89 bytes) () 04/22/2012 postreply 12:49:37

Exactly! 这正是我的问题所在。。。 -大侠小李飞刀- 给 大侠小李飞刀 发送悄悄话 (265 bytes) () 04/22/2012 postreply 14:20:25

Mostly not true unfortunately -beachlver- 给 beachlver 发送悄悄话 (1003 bytes) () 04/22/2012 postreply 15:21:46

I agree the tenant should report any issue and PM resond... -大侠小李飞刀- 给 大侠小李飞刀 发送悄悄话 (179 bytes) () 04/22/2012 postreply 17:05:00

If I do not sign any doc with tenants, do I still bear any oblig -85858585- 给 85858585 发送悄悄话 (0 bytes) () 04/22/2012 postreply 23:40:57

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