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29 September 2024 | 11 replies
Then, they double down on winners in Series A, B, etc.
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27 September 2024 | 44 replies
I told them I was looking for trust because a series of LLCs while keeping assets separate do not meet the needs I'm looking for.
26 September 2024 | 5 replies
About a third of these properties are fully paid off, and we are looking to create an LLC or Series LLC for them.
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25 September 2024 | 7 replies
Here are some strategies I've come across:- separate LLCs for each property (or a series LLC).
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27 September 2024 | 13 replies
Like @John Underwood said, WY has some good benefits but TX seems to be one of the best for series LLC's.
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23 September 2024 | 9 replies
I'm in FL so I can't do a series LLC.
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24 September 2024 | 9 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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23 September 2024 | 4 replies
The two earliest popular and successful “gurus” were Jimmy Napier, whose speciality was investing in notes, mobile homes, and real estate “exchanging”, and John Beck, whose speciality was tax auctions, and complex series of exchanges in which John used near worthless lots acquired for pennies at tax auctions at full tax assessed value for exchange purposes, usually as a downpayment, or as collateral for a private note.
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24 September 2024 | 11 replies
But for me the complexity of getting out of an S corp plus the cost of running one just didn't make sense when I could eliminate net income so many other ways and still get the pass through from disregarded or series LLCs.
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17 September 2024 | 11 replies
I’d like to share my adventure with a Series LLC.