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All Forum Posts by: Efren Barriga

Efren Barriga has started 6 posts and replied 11 times.

Post: Riverside County Attorney Needed

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Anyone know of a good Attorney?

Post: Eviction Lawyers In LA County CA

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Evening all, 

My realtor reached out and has informed me that one of her clients recently bought a duplex. Client (Owner of duplex) served an eviction letter and was met with a city letter stating their eviction process basically invalid. Are there any landlord friendly eviction lawyers out in LA county? I can connect you with my realtor and her clients. 

I am also interested to know what the process maybe as I own a primary residents in LA county, which I'm thinking of renting by 2025 which is the year I leave California. 

Thank You in advance. 

Post: Attn: SBA Disaster Loans for Landlords

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

is this only for a LLc or DBA? can a property owner who rents their homes out simply apply as well?

Post: Texas CPA Suggestions

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Anyone know of a great CPA whom deal with Rental Properties out in Texas? I am based in Brownsville TX. Any great recommendations out there?

Post: Looking for a CPA in California

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Thank You  Will DO! 

Post: How to obtain a Business Name?

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Thank You Jeff, the information you provided was very helpful!

Post: Looking for a CPA in California

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Would like to meet with a CPA who specialize in rental property taxes. Location... California, Surrounding areas Anaheim, Buena Park, Fullerton, and Yorba Linda. 

Thank You

Efren Barriga

Post: How to obtain a Business Name?

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Hi all, my name is Efren Barriga. I bought my first house two years ago, not knowing anything about real estate. Fast forward to today, I am glad to say I am a Landlord/Property Manager. Reading the books on managing rental properties helped me by 1000%.  I am learning as I go... 

Is there anyway I can obtain a business name to open a bank account under the business name without paying the $800.00 per year here in California for an LLC? Are there different methods on obtaining a business name with out the annual cost?

Post: Should I use an LLC or Umbrella Insurance?

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2

Thank You ALL!!! This has been educational... I will use the Umbrella Insurance for now, Until i obtain more units, then having an LLC will be more beneficial for each, Correct me if i am wrong. Thank You Again! Greatly appreciate the Advice!

-EB

Post: Should I use an LLC or Umbrella Insurance?

Efren Barriga
Pro Member
Posted
  • Investor
  • Norwalk, CA
  • Posts 11
  • Votes 2
Originally posted by @Steve R.:

Do you have a lot of equity in this property? If not, I would just go with the insurance. Once you go with an LLC it will cost you more to get your taxes done, you will have to hire an attorney to do evictions, and borrowing on your properties is more difficult.