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26 August 2024 | 4 replies
To date, I have many rentals in my own name (with a liability umbrella policy) as many financial institutions are leery of lending to an LLC but now that I am doing more DSCR, I have created a couple of LLCs as the lender only wants to lend to an entity, not individual.
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29 August 2024 | 3 replies
@Tom McDaniel After dissolving the LLC, each individual partner would be considered tenants in common and the interest would then be distributed evenly to each partner.
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29 August 2024 | 7 replies
.- If still skeptical, ask for personal references from employers, community leaders, or other respected individuals who can vouch for their character and reliability.By using these methods, you can make a more informed decision about renting to this couple, giving them a fair evaluation while also protecting your interests as a landlord.
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26 August 2024 | 1 reply
In the incorporating documents, I put my trust as the owner of the LLC.
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29 August 2024 | 7 replies
You need to incorporate the type of vintage you want to buy, your ideal value-add strategy, the market and submarket, how you want to buy, etc.
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29 August 2024 | 0 replies
The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.
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29 August 2024 | 0 replies
The price for these 4200 SF buildings are very low about $135,000 per unit leased at $1350 a month and they have high end custom finishes and private patios, covered parking for 2 vehicles and usually all individual meters.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/804168/small_1695032099-avatar-sani.jpg?twic=v1/output=image&v=2)
6 September 2024 | 79 replies
Just as a side note, that one of ten is enough to wipe individuals financially out if they flipped on their own, taking away all profits in the previous nine for all practical purposes.
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28 August 2024 | 11 replies
When an individual whowould otherwise be a beneficial owner of a reporting company qualifies for an exception, thereporting company does not have to report that individual as a beneficial owner in its BOIreport to FinCEN.
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30 August 2024 | 15 replies
To be more specific, her business was the registered agent, not her as an individual.