Venslaus Arokiaraj
Multiple LLCs vs Holding company?
Hi - Me and my partner are interested in buying run down properties and flipping them. What is the best structure to hold the properties?
1. Should we buy each property under a LLC and open a business account for eac...
Markus Dioguardi
New Property Management Company
Hello All,I'm currently in the process of starting a Property Managment company in Los Angeles, CA. My partner will be providing the start-up capital+ A year salary to cover me ( $30-$50K). I will be in charge of busi...
Emiere Scaife
Can someone define Daisy Chained????
Can someone help me understand this term please? also, what is the reason a property would go through this process? I feel like there is some elevated risk in this case but would love to get some feedback on this.
James Thomas
HOI - Adequate Coverage?
BLUF: Is the below Homeowners Insurance (HOI) coverage adequate for a $700,000 personal home with an attached one (1) bedroom multi-generational unit (aka: mother in-law suite)? Coverage F Medical seems low...
BACK...
Suresh Kumar
Do you incorporate before buying a rental property?
Hi, I am planning to research and buy rental properties / flip houses. Is it wise to form an LLC or do in personal account. How are others doing this? Any suggestion to a newbie?
Trey Rittenhouse
real estate financing
I have found someone who would like to be a private partner, while he has rentals of his own, but is wanting to quit doing the work on them because of his age. This would be great, I’m just wondering what the NEXT ste...
Brian Dickerson
Insurance on Rental Properties
We are in the process of closing our first deal and shopping insurance providers for the property. We have some agents giving us a policy that includes the structure and $300k of liability coverage. On the other han...
Mary Kang
Seller needs assistance with Seller Financing with mortgage
Hi BP, I am in the process of selling a home and would like to do it with owner financing. There is a mortgage on the property. I need assistance figuring out the best course of action and structuring the deal prope...
Justin Franklin
BRRRR Cash out Refi Issues
Anyone else struggle with completing the BRRRR process due to a small loan amount? I have to BRRRRs in play right now, but I can't find a lender that will cash out refi a loan <$75k to save my life. Anyone else sha...
Scott Em
Wholesaling Education Material
Hi all,What educational materials can you recommend to learn about the business of wholesaling. More specifically, are there any materials you might be able to suggest that do more of a step-by-step breakdown of whole...