How many of you have your STR's in an LLC? Most of my owners put their properties in LLC's, however just curious if there would be any compelling reason why you wouldn't want to do so.
Hi All, New member here from San Diego and I just closed on my first rental property. It's two detached units. Great info on this site thus far!
Hey everyone, I have a few rental properties and looking to add more to my portfolio. They are all owned personally and not under an LLC. I understand most of the pros/cons of having an LLC own my properties. Such as ...
The cold hard truth is that if you are a CA resident and invest in real estate and own or plan to own multiple investment properties, and you set up an LLC to hold that asset, ANY state that you own property in and an...
hi GangGlad to be a part of this community site what a awesome site. Just the knowledge on here is unbelievable. I been doing this for about a year now i have 3 SFR under my belt my goal now is to have 100 SFR in 5...
I'm in the process of purchasing my first rental property. I was considering starting an LLC, as I wish to have more properties in the future. At the same time, I have heard that banks charge a higher interest rate fo...
(Sorry, new to bigger pockets and tried to post on two forums. Apologies if you read this in the tax forum already!) Hi BP community!My two friends and I are just starting in the investment property business and are l...
I am getting my lending relationships setup, so that I can do my first Long Term Rental. While talking with a broker, he let me know that if we do a conventional loan, I will need to personally close the loan and the...
Im in the process of buying my first investment property - a single family house.
What do I need to do to limit my liability outside of normal home owners insurance? I don't think I need to form an LLC yet - should I...
>National Real Estate Insurance Group - the preferred insurance partner of Bigger PocketsHappy new year! Has anyone had experience with this insurance company? Would love to hear any feedback. Thank you in advance!