Hi everyone! I’m a newbie!  We are considering converting our LTR to a STR.  Do we need to take any special steps?  Is it advisable to create a LLC for this one property or purchase umbrella insurance.  We are very ne...

Most owners I can find by either looking at a Deed through the county site, or by going to the State site and searching the LLC name. If it's in Delaware and a few other places, this information is not free (to my kno...

What to expect on the Illinois state exam for brokers?

I am looking at financing a 4-plex, multifamily property in central Florida and was wondering what would be my best option for obtaining a loan. It would be an investment property (I wouldn't be living there), managed...

Hello bigger pockets family!
How many LLC's should I have to ensure I am protected and correctly set up to do proper investing?
I've heard that you need at least 1 LLC but I've also read where you could do 3 LLC's.

I rehabbed a 3 family using a mix of hard money and my own credit. I have been renting it out for the last year and was hoping to cash-out refi to pay back my investors and myself but my appraisal came back too low fo...

I apologize in advance for the lengthy post. A little background: I own 2 rental properties in TX. Both are under my name, and not in an LLC. (I don't plan on getting them under an LLC right now.) Anyways, I created m...

Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax. Usually, the rental income is considered effectively connected with a U.S. trade or business, and therefore, it is ta...

Can anyone give me any information on why it is better to organize our park as an RV park vs a mobile home park?  We have spaces for both, ratio 150 RV spots to 400 mobile home spots.  Thanks

HI All, I am living in CA. Have rentals in CA, MI, Ohio, WA. I am looking for Asset Protection Attorney to help me to structure what best for me.  I was thinking about doing the below vs. combine it with Series LL...