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31 January 2025 | 22 replies
I will provide more information later.The two main setups are:1- Holding company in Wyoming if I want Charging Order Protections advantages, then a Series LLC in Kansas holding my Kansas RE and another Series LLC in Missouri holding my RE in Missouri.2- Holding company in Wyoming if I want Charging Order Protections advantages, then form as many LLCs as I want inside of it, one per rental or one LLC per 2 o 3 rentals.Fees are pretty reasonable and the same as they disclosed before the appointment, on their website or youtube videos.
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3 February 2025 | 3 replies
An LLC when properly formed and administered provides separation and protection of assets that are outside of the LLC from the actions of the LLC.
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21 February 2025 | 4 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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20 February 2025 | 11 replies
This is a passive way of earning with real estate-based security, protection and insurance.
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10 February 2025 | 6 replies
If not, don’t even think of this.No matter what, consult a qualified lending attorney to understand your legal options and ensure you have proper loan documents in place to protect your investment.
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4 February 2025 | 10 replies
Some kinds of auctions allow you similar protections as a traditional sale.
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10 February 2025 | 12 replies
-Legal Protection: A real estate attorney should draft the seller financing agreement to make sure your interests are protected.Final ThoughtsThis might be a pretty awesome first project if you can work out some sort of low-down, seller-financed deal with sweet terms.
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20 February 2025 | 15 replies
I email all my documents as pdfs with password protection, then I text the passwords to the person receiving them.
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20 February 2025 | 4 replies
If you haven’t done so already, consider protecting these assets under a legal structure, such as an LLC or trust, to ensure they are secure.
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11 February 2025 | 15 replies
I feel like a condo would allow me to: 1) Get experience and my foot in the door with little capital.2) Protect me from getting wiped out by an unknown capex expense.3) Potentially house hack.4) Not feel bad about burning money on rent.