I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
I have purchased my 8th buy and hold rental property. I was informed yesterday by Allstate that they will only insure five (5) rental properties. What do I do? I could go to numerous different insurance companies o...
Hell All!I am on the search for my second rental property. Is it time to form an LLC? What are some of the pros and cons to doing this. Anything helps.Thank you!
Hi Bigger Pockets Community,
This is my first time posting on this site as I had a question that I couldn't find anywhere else on the site.
If I have 20 houses with 15 of them being free and clear already put in L...
Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12 rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...
Hi BP friends,
This is my first post. So I’m looking for some advice. My wife and I are currently small investors. We do currently have an LLC setup but after going to refi some cash out of one of the homes, I realiz...
Hi
I am a new investor in the Pittsburgh area and I am very interested in opening a recovery house. My question was is their special insurance I would have to acquire or can I just get a basic umbrella policy f...
Hi BP, I'm looking into out of state investing, but am being told I need to have a California LLC to do that (I Live in Sacramento). However, I'm talking to a turnkey company in Ohio who says all I need is an Ohio L...
Hello,I was wondering if anyone could provide me with recommendations for a good CPA/EA, preferably in Oahu, Hawaii, that specializes in Real Estate and tax strategy. I'm a buy and hold investor with rental propertie...