Angel Ramos
Best entity for starting a real estate investing business with partner
20 April 2023 | 5 replies
If you find it that when combining your traits that they overlap or are still missing a trait, it may not be a good fit for a partnership.Don't choose him as a partner just because it is convenient but because he has a trait that you do not have.Regarding LLC's, unless you are looking for charging order protection or anonymity, getting a CA LLC may be the most convenient, efficient approach.
Steve Rozenberg
Who Benefits Most from the Length of The Lease?
9 November 2016 | 23 replies
Landlords that believe they have some sort of protection or guarantee of payment are living in a fantasy world.
Sam Mathew
Legal - LLC vs Trust vs Personal Umbrella Coverage
27 September 2022 | 13 replies
They are all currently in my personal name.I was considering putting even a $2M umbrella policy to provide personal protection. Or
Megan Stone
Best state for LLC for long term rentals
3 January 2023 | 22 replies
Large businesses normally set up companies within states such as Wyoming, Nevada, Delaware for reasons such as charging order protection or friendly business case-law.None of these reasons apply to small investors.If you decide to go with the LLC, I would consider setting it up in the state where your property is located in.
Connie Steele
Oklahoma - Forming and LLC or not
31 March 2019 | 7 replies
Not sure if we should form an LLC for liability protection or just have it in our names?
Joshua Dorkin
LLC Frequently Asked Questions
3 August 2009 | 9 replies
This topic was about when to form the LLC and gives some insight into the liability protection (or lack there of as the case may be)http://www.biggerpockets.com/forums/12/topics/24474-forming-llc-?
Steve Stepp
Mortgages & Entities
12 August 2016 | 1 reply
Or you can own the properties in your own name and get the superior financing available from Fannie Mae.You need to decide what fits your situation better and what is more important to you...better liability/asset protection or preferred lending terms.
Aaron Knoll
What are good Terms for a pre-auction property?
8 September 2015 | 7 replies
I assume they're either not yet under BK protection -- or filed long ago, didn't make their BK payment schedule, and got foreclosed on anyway.
Dustin Wise
Alexis McGee/ForeclosureS.com
1 May 2019 | 50 replies
There was No umbrella of protection or liability.
Matt Pich-Maxon
LLC, LP, or S Corp? Which structure do you prefer?
31 May 2018 | 8 replies
Are you thinking more about asset protection or the tax implications?