Within the next few months I will be purchasing a 4plex to owner occupy. My business partner and I have 2 properties in our llc currently. The pros would be cheaper insurance and anonymity from my tenants. What would ...
I live in NJ and have four rental units. I want to protect myself from the risk of lawsuits against all of my personal assets. I have read that in order to protect your personal assets, you should place your real es...
Hi friends!Trying to assess when it's time for us to set up family trusts/new LLCs/registered agents etc...obviously it's a big cost, but makes total sense. So far, we've pieced along different elements of this (diffe...
Hey everyone, I'm pretty new at this and am working on having my first deal done before the end of the year. I have my strategy for acquiring my first property pretty much down, but there is something I am concerned ...
Somebody in my network has been successful as a flipper. I have liquid capital I'd like to diversify away from stocks and into RE. We've already agreed on rates, and I'm going to ensure all the paperwork protects me j...
Hi all,
I am very new to real estate investing - in fact I haven't started yet. I do have my own home and some retirement portfolios so I would like to protect my current assets before jumping into RE with b...
Hello all,I'm under contract for a duplex in Chicago right now and I was wondering if I should put the property into an LLC at closing or hold it personally for a while. The plan is to refinance the property in the fu...
If I'm purchasing a rental property under my name should I still set up my own business in terms of collecting the rent and handling any problems? I want to go into this being as professional as possible while still ...
I have a rental in an 18-unit condo. The HOA took a month to repair a leak into my unit and I was unable to rent the unit out during that time. Are HOAs responsible for paying for my missed rent while they made repair...