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I setup a Wyoming Holding Company (LLC) that will manage my Virginia LLC. As I live out of state (Virginia) -- do I need to use a Wyoming bank for the holding company LLC, or can I use one local to me or national bank...
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I live in CA and am about to purchase my first OOS investment property, targeting Cleveland OH. I am looking at an LLC vs SP, with the LLC registered in OH. I know CA has an $800/year fee for any LLC “doing busines...
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Hi all, I know its been quite awhile since I have posted on this great site but I'm back and have a question or two. I am currently in the Air Force and I'm very interested in REI. Just wondering if there are any prog...
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Hi BP!
So I have seen so many people discuss the fact that as a landlord you have to pay for your units if the something breaks.
You get a call in the middle of the night and you have to get it fixed.
That sounds m...
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Just wanted to introduce myself here! I've been lurking, reading, planning and cannot say enough about how impressed I am with BP, the information available and most importantly- how genuinely everyone on here wants e...
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Hi everyone, We are gearing up here in Oregon to re-brand and reestablish our business. I (Johnny) have been operating as a sole prop and carpentry subcontractor for the last few years, but am planning to move into fl...
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I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
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I recently learned that NH has passed a law requiring property owners to abate any lead paint if children in the home are tested as lead poisoned. At the start of the school year, all hidrem are now going To be teste...
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I was just told by my real estate agent that property management firms charge 25% of gross income!? I thought they usually charge between 5% and 15% depending on the services (with the 15% covering just about everythi...
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Does anyone have experience allowing pit bulls or other "dangerous breeds" in low income housing units? What is the liability to the home owner if I put a specific clause in the lease regarding pet behavior and owner ...