Jeff D.
single member llc with another llc being the single member
I have rental property held in an LLC (#1). The sole member of that LLC is another LLC (#2) of which I'm the sole member. So since single member LLC's are disregarded, then LLC #1 is disregarded and it all pa...
Thomas Kwan
How you asset protect rental in solo 401k?
Hi thereI have a solo 401k account and have rentals in the account. I would like to learn how other protect their properties against potential lawsuits, in addition to buying enough insurance.thanks in advance
Dijana Tadic
Investment Opportunity in Property Flip
As a novice in the real estate investment field, I am embarking on my first property flip project. I have identified a promising property that has great potential for a successful flip. After thorough research and ini...
Jack Plantin
Deal analysis: BRRRR or flip? First investment with partner
This is a deal with a friend. Confused how to structure the deal so it's fair for both of us. Or if it's better to BRRRR or Flip
He would either help with rehab or simply lend money at interest.
SFR 3 bed/1ba
Purch...
Jerry W.
What does your insurance actually cover? Enter Hailstorm
On July 1, 2019 an extremely bad hail storm hit the town I live in. Every roof I own is damaged, some roofs are badly hit, some siding is ruined on one or 2 sides, many windows are broken, and there is broken glass i...
Bill Bob
LLC vs TRUST vs Umbrella.....?????
Did some snooping, LOTS of info on LLC and Umbrella policies.....
Honestly still cant pick which one is the better (no one seems to agree), but recently was suggested to try a trust....
The lady mention her parents d...
Ralph Bell II
LLC question
Hi
I'm new to real estate, and want to get started in wholesaling. I know a couple that sells their LLC every time they flip a house, can someone tell me the reason behind that ?
Jeff Beckerman
Insurance for Flippers
I am having a hard time finding insurance that will protect my company from lawsuits from buyers, contractors, etc. We have insurance for the individual homes we flip, but we need to protect our overall company. I w...
Troy Knight
Remove Cedar Shake roof or leave it?
We are flipping a house that was built in 1920. It has the original Cedar Shake shingles with architectural shingles over top. Should we eat the $2,000 and remove all the shakes and add plywood or leave it as is and g...
Joel Florek
Sound Proofing Between Units
I have a 4 unit building I bought this year and have been working on renovations. I just filled the last unit and am getting noise complaints about the sound. I popped a hole in the wall between the bedroom of one uni...