Is it a good idea to hold my properties in an LLC? Should I set up a seperate one for each property that I purchase?
We are utility coordinators solely for out of town investors. We service water, gas a lights accounts and more.
Hi BP,I have a current inquiry of someone wanting to rent to own 2 different pieces of property that I own. I do not have any current experience with rent to own so any advice is appreciated.The numbers:Property #1: ...
Okay, first let me start off with saying I understand that I should get an attorney and CPA to consult with regarding any legal/tax issues. With that being said, I'm curious how others structure their real estate busi...
I apologize if this is a stupid question. I was just wondering what I should describe my business as when setting up an EIN for my LLC. Should I categorize it as real estate or other? (I do not have a real estate/brok...
Hello. I am a newbie to REI and I am in the process of setting up my first LLC. I signed up with a company called Your Entity Solution (YES) through another company called WCAP Financial on Thursday for an unlimited L...
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
I thought this might be an interesting topic. I'm talking about during pre-screening before you have run an application. Something that may not be a DQ but sets off your bad gut feeling (rightly or wrongly). I'm not r...
Hello!I have a done a few deals and have always had issues with the insurance part of the process. My issue is my Lender need's proof of insurance on the property before he signs off on it and gives the final okay to ...
I am about to get my first deal I want to make sure I get paid so how would I set up escrow? does anyone have any Escrow Companies to recommend to me? my investor is overseas so would that be an issue.