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Hi guys,
When you put your property in an llc , do you make sure that everything is in the Llc’s name (Insurance, mortgage, all the lease and rental paperworw, etc.) ?Also, when you have multiple properties, how woul...
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I am new to BP and real estate. A friend of mine who has not yet joined BP and is also new just completed construction on his first flip a couple of weeks ago. Last night he checked on the house and walked into a di...
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I am at an impasse in my legal setup. My original plan was to buy 3 properties and then set up an LLC. I am now thinking more longer term. I considered a Series LLC, and I also considered just sticking with umbrella...
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Who is your favorite Olympic star, your favorite sport? I caught the cycling this morning for a big surprise with the US taking 4th. Women's Volleyball just nipped past Korea, rated #2 behind the US, guess that's the ...
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Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
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I got this duplex near dallas. Cost me $135.500, tenants are already placed and total rents are $1775 a month. I have seen the property and the tenants, property looks great, tenants take good care of it.
I am put...
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I purchased a multi-family property in the Summer of '15 that originally showed very positive cash flow and potential appreciation. The property was listed on the MLS as a 3 family + in law suite so my strategy was to...
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HiI want to move a property from my C-corp to my name. How to transfer deed? Any payments or consideration necessary from me to company? Any tax implications? What about depreciation and tax resulting from that (Will ...
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Hi Guys, what is the best for liability insurance when you own rentals properties?Is it to have each property under an LLC or having a 1 or 2 million dollars umbrella liability ?Please let me know your thoughts, i wou...
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We recently listed our RV park for sale in North Platte Nebraska. Our realtor wanted 3 years worth of tax returns emailed to him so he could share with interested parties upon request. He stressed that our social se...