Hubert Ato-Bakari Chase
I am a new landlord but haven't set up a business as yet.
Greetings BP,So, I just set up a lease for my home. Single Family. Tenant will be moving in next saturday 28th. Now, I set it up under my name, but can I change over to a business later?Also, I've bought a second home...
Everett Covacha
1st Post on BP - Farming the Metro Detroit Area
Hello Everyone,My name is Everett - my 1st post here on the forums, but, have been lurking for a couple months (I know I should have posted when I first joined). I am a buy and hold investor currently looking in nort...
Stephen McGrath
LLC Tax and Debt Questions
Hello BP,
I am in the process of closing on a commercial refi loan on a property. When i had bought the property cash, i had formed an LLC but ended up not using it as i didn't want to roll the property into an LLC a...
Lamar Cannon
LLC / Business structure for protecting rental properties
What do you feel is the best business formation to have multiple properties under one entity with each property shielded from the others? From reading previous posts, I know Series LLCs may be a great option. Anyone h...
Kevin L Owens
How to get financing for a property in an LLC
Hi everyone,I am new to investment properties and am trying to understand how to get financing from a lender for a property I want in an LLC. My first foray into lending was an inquiry with a lender who indicated the...
NA NA
Effectiveness of Land Trust in Texas for anonymity
There is no shortage of content on the benefits of a Land Trust but I am curious as to whether there is truly an anonymity shield created by using one, especially in TX.
I ask because it seems like a majority of i...
Michael W.
Net Present Value of Free Cash Flows
We are in the process of buying our first investment home. When I say in the process, I mean we have secured lending, have evaluated and attempted purchase of 1 candidate (couldn't close the deal) and are now movin...
Jason Lee
Investing as a LLC for crowdfunding?
Hi EveryoneI'm relatively new to crowdfunding but have invested in about 10 deals so far under my revocable trust. However I was thinking about setting up a Nevada LLC and to invest under that for further deals(I'm in...
Rowan Shelly
recessed skylights in a fix and flip.
Hi everyone,
I recently got my first deal and have been working on the scope of work with my partners/mentors. The property we're rehabbing has three recessed skylights. Two of them are in the "L" shaped kitchen, and...
Sarah Esposito
Do I have to repair the roof?
Hello. One of the bathroom fans leak every time it is raining and windy. Had someone come by to check it out and said the back of the house needs a new roof. Roof is from 2014 but was told it was applied incorrectly. ...