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15 January 2020 | 13 replies
Your best protection is making sure you scope out your property BEFORE placing an offer - in addition to the work it may need, make sure you have a real estate connection who can help you run comps and make sure the ARV works with the ROI you need to keep going.I'd make sure you have financing in place as well - you'll want to ask around and compare your interest rates and make sure the loan is rehab-friendly.
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15 January 2020 | 5 replies
I would let them know that not only will you not be reimbursing them for unapproved work, but you now have to hire someone to inspect the repair to make sure your property is protected.
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16 January 2020 | 16 replies
How can I protect my personal wealth if I don’t form an LLC ?
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15 January 2020 | 3 replies
@Satish ReddyYour best bet is to reach to estate planning attorney for your personal protection and then to real estate attorney for your properties.
1 February 2020 | 5 replies
That is where I am getting all the side benefits like welfare plan and where I can take a salary to get active income if I want to contribute to a QRP.However all my single member LLCs are owned by a WY holding LLC to get the WY charging order protection and consolidate all tax reporting through one entity only.
15 January 2020 | 6 replies
Basically, I want the most efficient way of dealing with moving money around within the LLC without doing something stupid to shatter my liability protection or mess up my books.Thanks for any advice!
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14 January 2020 | 0 replies
Looking for recommendations for property managers & attorneys to make sure my assets are protected while I’m gone.
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17 January 2020 | 3 replies
It's definitely worth discussing with an asset protection attorney.
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21 January 2020 | 6 replies
You can take out of and put into a revocable Trust at will when you are the Trustee and it is yours.However, you are loosing the asset protection part of the Trust.
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26 January 2020 | 14 replies
We understand the need to protect yourself financially and protect your project's time-line and budget - which is how Bildwise came to fruition.