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I am currently purchasing a turnkey rental from JWB in Jacksonville and just found out that when the agent went to bind the policy, the carrier declined coverage. In speaking with the insurance agent (Ricci Insurance)...
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I've read tons and tons of posts regarding LLC's and I understand that everyone has their own opinions and everyone's situation is different. As it pertains to me, just starting out, I was looking at starting an LLC f...
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I purchased an investment home under my personal name as my LLC had not been established yet, now wanting to transfer to my LLC. My concern is exposing my anonymity and other property attached to my LLC since there wi...
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For my first deal I had to take title and mortgage in my own name as the bank would not lend to the LLC. However I do keep all the property's income and expenses in and out of an LLC that I formed because someone told...
Hi, all
I have a newbie question that I need help on. I need to understand this LLC thing well. I read here and there, talked to many people, and the bank. I don't seem to get a good grasp of it.
I have been told...
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Hey all, I wanted to run by a question to the seasoned vets here at Bigger Pockets. I am in the process of purchasing a couple of properties in southern New York for rental income. There will be no mortgage on eithe...
I'm new to flipping and rehabbing homes and thinking I should form an LLC. Did anyone do this first or did you knock out a few flips before setting up your company and start building your brand?
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Hi guys- These are my 2 options for refinancing a 2 unit rental property. The shorter amortization gives me less cash flow by about $700/mo but can keep it in LLC and be more protected, or better cash flow but have to...
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Hi all,
Has anyone leased their units to companies providing services to sober living or elderly care services?
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In the past year, I have purchased two properties in the state of Connecticut, but am yet to form an LLC, which I would like to do ASAP obviously for a number of reasons. I have put 25% down on both properties with a ...