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Results (3,732+)
Vishnusai Yoganand Choosing real estate niche
19 May 2022 | 12 replies
@Vishnusai Yoganand- thanks for the outline ....you are  covering a  wide spectrum .....1) with the  prices in the KING/ SNOH/ PIERCE  region being  hih - you are  right  in that it will be  more  difficult to aceive the cash flow you want   2) if you are loking at  purchasing a  1-4 unit rental - most of these transactions can have  " regular " resedential  loans  used......anything  larger than a 4 plex  will liekly  require  a commercial loan ....these are  very  different loans   3) I would  recommend  getting  pre approved for a  hypothetical  scenario  ( eg.  5 plex  purchase for 700K )  so you can   become  familair / aware  of the  fees  and  current loan terms  and  also to make sure you can be approved for what you may need ......I would also   recommend location a  commercial lender that  can essentially do the same  thing for you on a hypotehtical  commercial  property purchase    4)   100k-150k may not  go  very  far  if  you  are  buying a  comm property or a  3-4 plex  as these  requie large  down payments 
Talha Shahid LLC Operating Agreement
25 December 2019 | 12 replies
The easiest way a lawyer can pierce your LLC is if you don't follow compliance measures outlined in your operating agreement.
Brett Kelly Buying Property through an LLC
2 February 2021 | 2 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).
Kris Abejuela LLCs, holding companies overkill?
7 March 2019 | 14 replies
Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).
Samantha Otero Business Credit Card to Fund Rehab - Owner Occupant
2 March 2023 | 14 replies
That is called piercing the vail.
Tucker Nevin First rental purchase
10 January 2022 | 3 replies
I’ve worked with alot of clients in the Tacoma/ pierce county area.
Weijia Yu Having trouble finding 1% rule property in Washington state
14 October 2020 | 8 replies
If you are looking to invest in King, Pierce, Thurston, Snohomish, or evening Lewis county you will struggle to find a home that fits the 1% rule.
Darryl E Johnson Rental Property Strategy
13 March 2023 | 6 replies
A lot of landlords are advised to put their properties in the name of an LLC for asset protection.While this is basically true, the reality isn’t what most landlords think.If a legal issue occurs with your property resulting in a lawsuit, there’s a decent chance the plaintiff’s attorney will be successful in “piercing the corporate veil” of your LLC if you were sloppy and being able to sue you directly.
Kristoffer Bergen First Tax Filing for LLC - DIY?
14 December 2018 | 3 replies
Not only is this a job for a professional (especially in light of last year's tax law), but you appear to be piercing the veil of your LLC by putting the rent money directly into your personal account.
John Morgan Quick LLC tax filing question
9 January 2019 | 32 replies
Co-mingling personal and LLC funds is one of the most sure-fire ways to "pierce the veil" of an LCC and compromise your asset protection.Regarding the mortgages, there is a chance that the bank could invoke the "due on sale clause" since you moved the titles under your LLC.