Hi,I have been an avid reader of BP for a few years, and recently took the plunge into real estate investing myself. I've purchased two condos in the Boston area (Allston and Jamaica Plain) this year. I like the stro...
I have a primary residence in CA and 5 investment properties OOS and I have insurance (and an umbrella policy on properties under my name directly) on all property. I'm wanting to connect with an asset protection spec...
Hi everyone,I have a quick question and hoping someone can help.I leave in California/resident, and I am planning to create my LLC Business in WY and I am wondering if I will still have to pay the $800 California annu...
I live in California, and am looking to purchase my first rental property in Illinois. I want to form an LLC for it to protect myself, and have been reading about how California residents have very specific laws compa...
Hi all,I’m planning to purchase a small multifamily (10-20 units) in another state (as much as I love CA, I won’t be buying here!).I known I’ll need a lawyer to help me through the transaction. Should I find a real-es...
Hello everyone,I’m new to this forum and a beginner when it comes to purchasing second properties. I’m European and my wife is American, and we’ve been considering buying a property to rent out. We don’t have everythi...
Long time reader first time poster. I am debating between building an ADU in our backyard or buying an investment property out of state. We have an external garage that we could build a small ADU, 350-400sq ft, on t...
Long-time reader, first time poster and investor. In the middle of BRRRR rehab with hard money financing purchase and some of rehab. Plan to eventually cash out refinance with conventional loan in 12 months, but looki...
Wondering what everyone's experience is starting an LLC or sCorp to purchase your investment properties under? I live in CA, and I am looking to purchase a STR in Big Bear, CA and a LTR outside of CA.
Would it be be...
Hi all,I brought a single family home last year in nyc with 20% down payment. Home mortgage is $3700/month and $500/month extra payment towards the principal. Currently, I am renting it out for about $3100/month so I ...