Don Clark
Wholesaling REO's?
Hey is there anyone on BP familiar with the actual process of wholesaling a REO occupied property? I ran across the property today while scrolling through a nice neighborhood here in Atlanta. I wrote down the addre...
Cody C.
Business Entities?
Hello biggerpockets!
Alyssa Craft and I went to an accountant this morning, who suggested that we do all our business structures as LLCs.
When I asked about Land Trusts, he didn't know anything about them...
He s...
Laura McPhail
Foreign LLC to Buy Notes in Texas?
I'm about to start buying notes, and I have read that it's best to do that as an LLC for personal liability protection. I live in TX, but the liens will be from various states. Would it be in my best interest to regis...
Chad Bourque
1st STR Under Contract -- Direction Please?
Hi all,Our offer was just accepted for a condo on the beach in Miramar Beach, FL! This is our first foray into REI aside from our primary home (which while it technically is, I guess, I don't really consider REI). My ...
Jason Malabute
got property under contract and setting up llc
Hi guys,I finally have my first rental property under contract. As long as the inspection goes good on Monday I will have my first rental property. I'm so excited.Questions:1. When should I start setting up LLC to put...
Joe R.
Rental property as LLC or personal with Umbrella insurance?
Do you recommend purchasing & operating under an LLC or purchasing under my personal name with added umbrella insurance?
Ricky R.
Create separate LLC for each property?
Any of you veteran NC LLC owners care to advise on any tips for forming a single person LLC? I'm reading that it may be a good idea to create a separate LLC for each investment property as well. I'm aabout to start th...
Matt Rosales
Finding National Bank for LLC’s
Hello,We created a Trust that has a WY LLC Holding Company. The WY LLC owns 3 separate LLC’s. The LLC’s are in CA, MO, and TN. With the attorneys address as our mailing address which is located in Utah and I live in C...
Steve Shields
Best way to protect assets
I own (2) 4 families, (3) 2 families, (1) 2 bedroom short-term condotel rental and (1) single family (main residence)What is the optimum way to protect my assets? Should I establish a trust? Keep each property as an i...
Tina Daughtry
LLC
Good morning all,I am just starting out in REI. I have read a lot on LLCs. My question is should I go ahead and set up my LLC before I have a property? I'll be investing in the state of TX where the set up fee is not ...