Hi BP,
I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year). If so, I am having...
I just read a very good blog article of relevance to the discussion about LLCs. Take a few minutes and check out:
Why You Should Consider Forming an LLC for Real Estate Investing
Thanks to Will for the article.
An...
Hey all!I plan to open up an LLC and transfer my property into it. I already sent the leases to my tenants where I don't mention my soon-to-be LLC. Is this an issue? I was going to set up a series next week (getting h...
I'm looking to buy my first multi-unit shortly and would like to create my first LLC to go with it. Michigan is very cheap to create an LLC so I figured why not.How should I structure this, especially if I plan to buy...
What do you guys name each of your rental properties? To keep track of them all. For example, right now I only have 2 rental properties in 2 different cities, so I call them Pleasant Grove house and Saratoga Springs h...
New to BP. My son and I are from the Pittsburgh, Greensburg area. We want to form an LLC for our wholesaling business. We plan on picking up some rentals and rehabs along the way but , mainly it will be wholesa...
Hello everyone, my partner and I own 4 buildings comprised of 22 units in the Chicagoland area free and clear. they are fully rented. We also fix and flip single-family homes in higher income sections of chicago.
W...
Greetings everyone, I have been trying to find a lender for our LLC's first deal. Everytime I mention that I want to buy property with the LLC, all of the lenders that I have spoken with inform me that they cannot hel...
Does it make sense to start an LLC or just continue to own / buy under my name and pay for umbrella coverage. I am always looking to continue to grow my real estate portfolio and wanted some advice on if it makes sens...
I currently own a Duplex zoned for students, it’s in my name. I’d like to build a portfolio but I plan on forming an LLC. Thoughts on that?Second I’ve hear people say it’s hard to get financing for a mortgage through ...