Michael Lamb
Setting Up LLC
I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...
Reda Eldehiry
What's the simplest way to structure private equity deals legally
I have multiple friends/people in my network interested to be private equity investors/partners in my flipping deals in WA. The agreement is that I will be receiving 20% of profit for managing a deal from purchase to ...
Nicole Richards
Send me to the right place for examples of 50% prtnshp agreements
2 Bigger Pockets Investors looking for a partnership agreement for a potential rental property. I would like to read a few and get a feel for it. Any place in particular you can send me to look. We would also like ...
Fred Tracy
Managing Accounting With Several Properties in Single LLC
Hello all,I searched quite a bit and couldn't find this topic covered. I've got a series LLC with a single checking account and have three properties in it. My question is about how to efficiently manage withdrawing a...
Joseph Gisler
When Do I Set Up a Single Asset LLC?
I guess I am still confused on the proper time to set up an LLC to protect a rental property. Do I set up an LLC now even though I do not have a property under contract? Or do I wait until I offer on a property, get i...
Daniel L.
Effective Use of Friendly Options in Lieu of Other Controlled Equity Stripping Strategies
I intend to acquire a LOT of seller financed properties as a result of some of my marketing campaigns.I want my nuclear family, future children, and charitable cause to enjoy/benefit from the properties I amass.Le...
Oren Peleg
Security Deposit Forfeiture?
My tenants are currently delinquent on one month's rent. We have begun eviction proceedings. My question, however, is: Does the tenants' breaking of the lease forfeit the 2 months of security deposit? As in, does the ...
Kathryn D.
Tenant wants to sublet room in apt without landlord involvement
Hi! I have an excellent long term tenant (7 years) who has gone through about four roommates since she has moved in. The moveouts have been for usual life reasons (moving out of town, moving in with boyfriend or gir...
Tosin Omoba
Need a platform to collect rent from tenant
Good evening, I am a recent landlord in Dallas Texas. I currently have a tenant in a home I am managing, I have been using Avail and as of recent I don't like the platform, I have noticed that my tenant like to edit t...
Tyler Wotherspoon
AirBnb starting question
Hey everyone, I am looking to buy a house for short term rental in Oregon and wanted to know if I should start a LLC for it or just buy it without one? I know there is tax benefits with having it under one but can I t...