Duane K.
Entity Structure Bookkeeping Questions
Hello all, I'm in process of setting up my entity structure, I'll have a holding company LLC and then two property LLCs with one property in each. I've got a checking account open for each al...
Mike Simmons
How to set up loan / Business accounts
Hello all! We are looking to start on our first couple properties. Have found our first one we'd like to submit an offer to. We have a pre-approval for a conventional mortgage. My questions revolve around the loan and...
Mel Park
Umbrella Insurance for rentals and cars
Hello, I've got 3 rentals, 1 personal home - and of course, 2 cars. These assets are spread out between 3 states. I have $500k personal liability on the rentals and $1mm on personal house.
I'm looking at an umbr...
Allison Y.
2nd mortgage bought at auction, 1st mortgage now foreclosing
I'm going to try to make this clear as mud, so bare with me!Person A took out a mortgage (#1) and bought house in 2000. In 2003, Person A took out a second mortgage (#2). In 2014, Person A defaulted on mortgage #2 and...
Angela Ruiz
OK... So question..
I am a newbie- so maybe I just don't know how to do this... When I signed up for biggerpockets, I did it thinking I was signing up with the business name.. But, found out soon after creating the profile, that I needed...
Baze M.
Telephone interviewing property managers and management companies
Blessings BP,I'm purchasing multifamily properties in areas I don't reside. Therefore, I've been speaking to several property management companies lately. What are some of the main questions you guys ask when you're...
R Jenkins joshua
Has anyone ever found a legitimate Business Credit Company in the State of Nevada
I’m reading, researching; implement my
own business credit, so far
Every time I look up any Business Credit Companies
in Nevada their tons of complaints, lawsuits, and many ripe off claims
Especially in Henderson,...
Bar Shalom Laniado
Dealing with the management company
Hello everyone,
It's a pleasure to introduce myself to this community. My name is Bar and I'm a real estate investor. Firstly, I would like to express my gratitude for this great community that has given me confidenc...
Beverly Buella
Title company contact
Hi there,
I met someone who works for a title company at a networking event last week and exchanged info. Just curious, I already have a title person that I've worked with, but always think it's good to make...
Jay Truong
Transfer Property to LLC and Tax on Selling Profit
I have 2 scenarios that I would like to ask on the tax. At this point, I don't know whether I should do it.
1. I want to transfer a property I just purchased to my LLC A on title using the Warranty Deed. I purchased ...