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9 June 2024 | 223 replies
You will likely need a public hearing or series of public hearings.
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2 June 2024 | 112 replies
It is my training, and I will share it here for free that you need to set up a series LLC putting one property into each LLC and then a master LLC to own them all. $150 bux is not realistic my lawyers charge will be $3750 combined for all of the work.
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31 May 2024 | 3 replies
What should I check to confirm if I can legally register the Airbnb under my LLC for rental properties as a different series?
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30 May 2024 | 7 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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4 June 2024 | 221 replies
Check out "Heads I Win, Tails You Lose" by Patrick Donohue, or the infinite banking series by R Nelson Nash.We use a LOC collaterized against the actual cash value of the policies for my wife and myself.
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29 May 2024 | 14 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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29 May 2024 | 4 replies
California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.
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29 May 2024 | 5 replies
The remote controls are just like the TV remotes and tenants break them and lose them and there are no replacements at times.
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29 May 2024 | 64 replies
I rode high in that saddle.But then a series of unpleasant tenant things happened, and too many units needed to be rehabbed and rented out at once.
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28 May 2024 | 6 replies
Who gets to use the living room TV?