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Can somebody explain LLC's and How I should structure it. I've done some research and was told you can do that and then put it into a holding company and then put it into a Trust? Or maybe a corporation? I'm all over ...
Here is the story, ..... We currently have 5 rental properties with a contract on a vacation rental at the beach. We started out getting rental properties when our oldest son was about to attend college. With eleven...
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Hi BP,Hopefully you can guide with the next steps, this is what I have going on. - I Own a home in south Florida (fort Myers) that is paid off. My mother lives in this house, and will for the rest of her life. The val...
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Hi, We have 5 SFR rentals currently we have also flipped 5 also. We are actively seeking the next property, but the issue here is... we are working on financing. So far we always purchase our houses in our LLC and w...
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Hi guys, I have recently closed on my first investment property ever. And just consuming as much information as I can, I initially planned on transferring my asset to an LLC (will reach out to lender before doing so a...
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Hello Guys! So... writing this as I am in the BP Webinar and Brandon just answered my question "How do I get started in Wholesailing?"Part of his answer was to ask a wholesaler... So here I am asking! ...Is there an w...
My current primary was purchased in 2018 with a conventional loan. My intent is to convert my primary into a long term rental. I’m curious as to the strategies that are recommended to ensure I’ve covered all my bases ...
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Hi folks, hope you're all having a great week!I talked to my tax consultant who also offers the service of setting up rental LLCs. He mentioned $1500 as a one-time setup fee for each LLC. Legalzoom premium service to ...
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Hi,
My wife and I are starting our journey into real estate investment. While we currently reside in California, our focus is on acquiring properties outside the state, particularly in Arizona, Nevada, Texas, and Pen...
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From everything that I've read so far on BP and abroad it seems like there is a questionable argument for LLCs vs Umbrella Insurance. So, let me start by saying I have my first rental property and am looking for the m...