Sean Linnehan
Seeking recommendations for banks to use for multiple bank accounts
Each of my rental properties is held by its own LLC, and each LLC is owned by a holding company that sits at the top (which is owned by me). Each LLC needs its own bank account, but as I scale, I am looking for a bett...
Stephen Karakitsios
Purchasing first property - Should I form an LLC first?
Hey BP Community,I am a new member to the site and this will be my first discussion starter - so take it easy on me. So, I am a senior in college and have been in the real estate game for a couple of years. I have no...
Steve Frick
The order of things.
Hello BPI am still a beginner in REI. I do own one SFH and manage another. I have been reading and learning so much over the last 6 months that 2016 will be full steam ahead! I do have a partner that wants to buy mor...
Justin Gray
Do I need a lawyer?
Hi! This is my first post and I need some help. I'm trying to get into real estate investing and I have been driving for dollars, and last week I found a house that I believe has good potential. It's a out of state ow...
Michael Taylor
Keep $30,000 for Reserves or Finish Basement
I purchased a 6 unit apartment building on the south side of Chicago In January 2020 that I had to rehab, it is on a one year loan with an investor. Not only did I have bad tenants that I had to evict, but then came ...
Lewis Colon
Philadelphia Rental - Purchase and Licensing questions
I am looking into my first property in Philadelphia. It's a duplex being auctioned at a Sheriff Sale. Its in foreclosure and starting at a great price. I know it can get bid up and have worked on calculations to see h...
Monte Blunk
Asset protection question
I have been trying to learn about asset protection and have been talking to Anderson Advisors in NV and another lawyer in ID about setting up a structure for our multifamily complexes here in Utah. Both of them are sa...
Joseph Kirk
LLC on two different properties with different partners?
Hi everyone,I currently own a rowhome with my brother (50-50%) that we fully rent out. Now in about a month, I will be closing on a duplex with my girlfriend (50-50%).As of now I do not have an LLC for either. How sho...
Chris Kittle
Wyoming LLC Set-Up and Recommendations
Good morning!
I have found my first multi-unit property that I am going to make an offer on. Based on my reading and understanding I'd like to form my LLC in Wyoming. I currently live in Michigan. Who out there ha...
Michael Rossi
How Can It Be?
How can it be that a man with a GUN walked into the Holocaust museum in Washington D.C. and started shooting, when Washington D.C. has a gun ban? Did someone forget to tell this guy that guns were banned in the city?...