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11 January 2019 | 6 replies
Also have a look at the series LLC that could lower your cost.Regarding book keeping, once you learned how to do it with one LLC it is the same for the others.
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10 June 2019 | 38 replies
You should use either LLC’s (the old and expensive way) or a Series LLC (the new and more cost/time effective way).
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7 January 2019 | 9 replies
If you plan on growing, the Series LLC is a fantastic tool for you because it can scale infinitely and still house each property under separate "child" series.
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7 January 2019 | 3 replies
@Bryan Thomas IF properly maintained, slate lasts a long time...it's stone...the one thing to be aware of is that slate roofs are not "decked"...they use a series of wooden slats that the slate basically rests on.
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7 January 2019 | 2 replies
Hey @Brandon EllisThe entity structure you are referring to is known as the Series LLC.
7 January 2019 | 2 replies
Essentially it would look like LLC > Land Trust > property.I would recommend you look into the Series LLC, as explained in this article, as you appear to be growing your operation.
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9 January 2019 | 4 replies
You might also want to look into the Series LLC, depending on how many properties you have or if you plan on growing.This isn't legal advice, just my personal thoughts on your post.
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8 January 2019 | 11 replies
I'd presumably need to due the cash outs in series to keep the underwriting from freaking out, and that's a long 4 months to wait and hold up a deal.I was wondering a portfolio lender might wrap them all up, including the new purchase, into one loan that I wouldn't need to put anything down for?
9 January 2019 | 25 replies
Through a series of events, she is now privy to roughly $500k.