Hey guys, I’m just curious if any of you have had problems with taking out HELOCs on properties vested under an LLC.

@Krystal Ahn, I think what you're probably referring to is placing the property into an entity like and LLC where you are the member of the LLC for liability protection. 

So, I did the simple paperwork and started 5 LLC's for 5 different properties.I sent the LLC paperwork and he opened new tax ID numbers for each LLC.

I’m am based out of Derry and am looking to file the paperwork to open my first LLC. 

If it's personal, usually you have to have your auto and often times your home policy with a carrier to be eligible for the umbrella (but not always)If it's commercial, it's much easier to only put your rental properties only under the umbrella policy.Finally, if you have any amount of entities (LLC, Trust, etc.) which own the properties, you would want to ensure the umbrella extends coverage over those entities. 

They have the most vested interest in you buying a solid deal, because they have to manage it every day.Just be careful of turnkey operators as they have a bigger vested interest in selling than managing.You might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

I’m in Dallas, Texas and just started renting my first Airbnb rental, I need CPA or legal advice on whether we need to form a LLC now or wait until we have more properties.

I need advice on insurance/LLC and also would love someone to explain to me in for dummies terms BRRR'ing I have read the book and think I understand, but experience is everything.

If you can point to some time in your past when you learned something through a series of small steps, you’re going to be fine with real estate investing.Step 3: Know the main moving parts of apartment investingApartment investing consists of seven main moving parts.

Well my insurance does mention additional interest as LLC.