![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1692361/small_1621514819-avatar-marcusw112.jpg?twic=v1/output=image&v=2)
4 June 2024 | 3 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2201705/small_1694583582-avatar-patrickk260.jpg?twic=v1/output=image&v=2)
4 June 2024 | 13 replies
You may need to keep asking for someone that knows the ordinance, before you get a person on the phone that can answer your questions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3029333/small_1716341212-avatar-justinl707.jpg?twic=v1/output=image&v=2)
4 June 2024 | 9 replies
I personally like SFH, but thats just me.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3039997/small_1717426128-avatar-daniels1598.jpg?twic=v1/output=image&v=2)
5 June 2024 | 15 replies
How many investment properties do they personally own?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329845/small_1674401826-avatar-7einvestments.jpg?twic=v1/output=image&v=2)
4 June 2024 | 5 replies
And just to clarify if anyone else is reading this: buying an interest rate cap, while effectively buying down the interest rate is NOT like buying down the rate on your personal mortgage.A point on your personal mortgage locks in the lower rate for 30 yrs and the mortgage fully amortizes.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/696349/small_1697015538-avatar-zakb2.jpg?twic=v1/output=image&v=2)
5 June 2024 | 27 replies
Personally, I prioritize land lord friendly states because this significantly reduces risks.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/322061/small_1701276560-avatar-renewllc.jpg?twic=v1/output=image&v=2)
2 June 2024 | 2 replies
Seems that someone who is VPBD would not be at this level of detail - but I don’t know how they work.In my research I found:(1) MW506AE is the application for exemption the comptrollers need regarding a 1031x, and needs to be sent in 21 days prior to closing.(2) MW506NRS is the withholding exemption.I think my CPA will handle #2 but #1 is essentially the main form in the whole timeline.I understand what these forms are and would like to get a title company that is also versed in them and not guess what needs to be done.My QI already said they will not fill it out and I guess doesn’t have all the information required for it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2864668/small_1698633744-avatar-sarac119.jpg?twic=v1/output=image&v=2)
4 June 2024 | 1 reply
The lenders we have spoken to will only finance as a personal residence.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/273641/small_1694859386-avatar-kliment.jpg?twic=v1/output=image&v=2)
2 June 2024 | 6 replies
The process costs between $3000 and $5000 for an attorney to handle the "condo-ing" which requires a master deed and by laws to be drafted and all the filings for the association.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3030008/small_1716408201-avatar-kevinandsheli.jpg?twic=v1/output=image&v=2)
2 June 2024 | 2 replies
I'm having a hard time finding a local real estate attorney to handle our closings and contracts on the asset recovery side.