Vidit S.
Should I do a remote investment with or without a LLC?
Hoping I can solicit some knowledge from the experienced community here once again. What I understand from my nascent research is that one should ideally form a legal entity (LLC etc) to buy any investments to protec...
Adrienne Melton
New investor from NYC: LLC startup questions
Greetings BP Fam,After months of extended lurking the new year seemed like a good time to finally make an intro post. Excited to be here! I’m a new investor living in Brooklyn but will likely be looking out of state f...
Lauren V.
Out of state LLC vs Home State and registering as foreign entity
2 Part Question: Part 1) I reside in SC, but have 1 rental in VA and 1 rental in GA. I'm looking at putting both of them in LLCs. I was planning on a Ga LLC for the house in GA and a VA LLC for the house in VA. VA att...
Michael Miles
LLC's for your properties?
Hello everyone,Long time listener/reader, first time caller. I'm curious about what everyone's strategies/opinions are regarding LLC's for their properties. I just bought my first investment property last year and am...
Bryan O.
Land Trusts and LLCs for Asset Protection
I recently listened to BP Podcast 109 regarding asset protection. I think it is brilliant and Scott makes a perfect argument for why you should be structuring your properties for anonymity as well as why an umbrella p...
Timothy Riley
Operating Agreement
Does Illinois include an operating agreement as part of a Series LLC or will this have to be done in additon to the process.
Raymond Hill
S Corp LLC (Timing, LLC with and without)
Hello Everyone.My business partners and I wanted to know when is the best time to form the S-Corp in terms of if we should find the rehab deal first then form the S-Corp or should we form it now. In addition, whether ...
David C.
Any lawsuit stories where umbrella helped?
I’m deciding whether or not to get an umbrella policy (property is already in LLC) and will likely get one - but was wondering if anyone had any personal stories where something happened and the umbrella was needed an...
William Kim
Real Estate Attorney Consults? LLC Setup for CA Resident for Out of State Properties
Hello good people!I was curious if anyone had any great & affordable real estate attorney contacts to consult for LLC setup? One of the things that I'm running into, is trying to figure out how to setup entity st...
Lionel Mosby Jr
What contract do you use for partnership on a fix & flip deal?
I am working with a few friends to start purchasing properties to fix & flip. I am wondering how others go about creating the contractual agreement for a partnership on fix & flip deals. Do you create a partne...