Sharad Bagri
How to structure a partnership for real estate deal
We are a few friends looking to invest in multifamily apartments (<4 units) in Ohio. We haven't done real estate deals together earlier. We need guidance on how to structure our partnerships. Are there templates th...
Jeremy Clarke
LLC for rental properties?
I own two homes. One of them I live in. I rent out the other. Annually I collect $25k-$30k gross for rental income total for both properties (sometimes rent a room out in my other house). I am considering buying a 3rd...
Michael Joseph
Recommendations on how to manage the finances of my real estate investments
I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...
Matt Holt
Legal Structure for Rental Properties
I have been doing a lot of research on how to legally structure my properties. I currently have a SFH and a duplex located in Ohio. My SFH used to be the house I lived in so that is still in my name. The duplex I boug...
Brian Dudash
CA Investor - Investing Out-of-State - LLC or Umbrella Policy?
I'm living in California and I'm in the process of getting a rental that is out-of-state (OH, specifically). I just recently found out about the ridiculous CA Tax for a Foreign LLC operating/doing "business" in CA, wh...
Nav Singh
Buying privately and putting it into an LLC
First post (yay!). Hi BP family,I am a newbie investor and hope to find success like many of you on this forum. I already bought my first property (all-cash) about 2 weeks ago and have lined up my second one. The thi...
Brent T Galbreath
Is an LLC necessary?
I’m a newbie at real estate investing and looking to get my first home for rental income. I’m told I should start an LLC to protect my personal assets. Do you guys feel that is necessary? If so, does it have to be my ...
John Fong
Asset protection for starter
I'm starting to build a business to grow my rental properties and would like to get some advise on what's the right asset protection strategy for me as a starter.I live in CA and currently have 3 rental properties in ...
Tom Kairys
Should I setup entity enterprise before starting out in REI?
Hi,I am new in this field. However, I been in construction, sub-contractor, in particular, flooring and remodeling for 16 years. Looking to transition from physical labor and earned income to more of the passive incom...
Brian M.
Best way to set-up an LLC?
First time doing an STR and I want to put it in an LLC to shield my other assets as best as possible. I've read the pros/cons of LLC vs only doing umbrella insurance and I'd prefer to do the LLC route to minimize risk...