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I have read that in using a LLC, one can create personal protection against a real estate property in the case of lawsuit. Is this true in regards to a primary residence and should I be looking to purchase my first...
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Good evening, and thanks in advance for any feedback that will most certainly help me "take the plunge" in real estate investing. I'm a newbie, and have been immersing myself in audiobooks, BP Podcasts, etc.. trying ...
Hello,A PM we have just hired wants a W9 and social security number from us.Two companies we hired previously didn’t ask for this.I am not comfortable with sharing my ss number around needlessly. I did read someone on...
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Hi, I am a first time landlord. I purchased a TN property not long ago (and I am a TX resident).I didn't think of buying the property using an LLC. So I got the mortgage under my own name.Now I spent sometime reading ...
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Hello All! This is my first post although I've been an avid bigger pockets reader for a while now! So hello!I've been around real estate since before I was born, it's all my parents talked about around our house. They...
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I have been offered an opportunity to invest a fixed amount in a proposed flip, in exchange for a 50/50 split of the net proceeds. I would like to use money from a self-directed IRA to do this. I would be 100% hands-o...
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Business and Investing
Let me preface my thoughts by saying that I am in no way an expert in investing in real estate. There, now that we have that out of the way...
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Hi guys. I'm still in the "learning" phase of my investment journey. Although I have a lot of capital already, and plan to save even more in 2019, I wanted to know - are there tax advantages/disadvantages of opening a...
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Question, what is the best route to take starting an LLC to purchase investment properties? I have a partner who is financing the entire project ( purchase of home and rehab money) and im going to do the management of...
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I have 3 rental properties (1) single family (1) tri-plex (1) 6 unit. They are all currently owned by 1 llc. I would like to place each individual property in a land trust owned by an llc which is owned by a holding c...