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21 December 2024 | 7 replies
What’s the purpose of using the LlC other than to make it harder and more expensive?
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24 February 2025 | 147 replies
Still getting my Income Snowball set up, but I wanted to ask your opinion, would you set it up under a business LLC, since eventually that money will go into buying real estate for slow burning fuel or would you just set up your investments under a personal account?
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24 December 2024 | 1 reply
After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).
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23 December 2024 | 12 replies
In our 'day job' business of remodeling we have stayed just a partnership with an LLC.
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16 December 2024 | 1 reply
The most common options used by investors seem to be an LLC or Umbrella Insurance.
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24 December 2024 | 6 replies
Buy them to grow your portfolio, and buy good properties.Form an LLC.
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26 December 2024 | 15 replies
Hi Paola,If you are looking to buy another primary, looking to put the property into a LLC, may be changes in your income/job, looking for faster/smoother closing, DSCR could make more sense.
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20 December 2024 | 28 replies
Since the WY LLC owned the TX LLC, how do I 're-assign' the "TX LLC interest" to be owned by myself (and spouse) in my personal name?
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20 December 2024 | 9 replies
Quote from @Tinia James: I started dabbling in wholesaling a few months ago,I do not have an LLC.
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8 January 2025 | 33 replies
One is a former primary (we refinanced once while still owner-occupied then transferred into an LLC when we moved out and began renting it, but didn’t have any issues with that one for about 5 years after we moved out).