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I have about 45 rental property. I have great insurance with a balloon policy. I need to set up a LLC but I am not for sure if I need to set it up in Illinois where all of my property is located or in another state....
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Hi BPers,I'm getting ready to replace new flooring in an upstairs rental. This house is a triplex and has two units downstairs. Someone mentioned it might be a good time to soundproof the floor. Even though we had car...
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I'm curious how many people start their LLC before they even have their first property?Or, how many properties did you have before you formed an LLC?For perspective I'm looking into doing rentals.
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Hey all! I'm wanting to get into multi families but I need some capital to do that. My thought is to do flips to fund multi families in the future.Do you guys suggest an LLC or a S Corp for house flipping? Should I se...
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In Podcast #211, Bob mentioned using his Roth to invest in his LLC. I've heard of doing this with a self-directed brokerage for a 401k/IRA and now I'm more curious about pursuing this because of money in a Roth. I'm c...
Hi everyone, I am very new to multifamily syndication. Some of my friends and I want to invest in a multifamily as LPs. We do not want to invest the minimum amount alone and the group we are interested do not allow sm...
I have a house I'm rehabbing that is slightly leaning to one side. It's only noticeable from the outside. The inside is fine. But when standing in front of the house you can see it leaning to the left. Is there a...
Curious if anyone has any experience or opinions on the best areas within an hour or so of Madison, WI for real estate investing? Specifically it would be for buying properties to rent (probably single families or sm...
Hi,After my previous tenants vacated the apartment, I noticed the woodframe beneath the skylights turned moldy.The tenant was not doing a good job with the exhaustion inside the bathroom especially last few months wh...
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I am looking at a deal that was built in phases. Some of the buildings were in 1960's and the others were in 1983 and 1985. What tips do you have that I can make sure everything is in working order? Here are some I am...