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It's going to happen. One day, maybe in our life time maybe in our kid's life time. Elon Musk wants to terraform the red planet back to green and blue. Let's say it works and we can now travel to our neighboring plane...
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Hi everyone!I have been debating creating an LLC or conducting business as a sole prop with DBA (doing business as). Currently, I do not have any properties. However, I plan to purchase my first rental property in t...
So it seems Airbnb is attempting to intrude into the short term rentals business space? Anyone see this as a threat or legitimate competitor to either hotels or short term rentals generally? There just seems to be a s...
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Hey guys,This is my first time posting on BiggerPockets, and my first time I am actually heavily considering a deal. This is the BiggerPockets Rental Calculations: https://www.biggerpockets.com/...I feel like I used r...
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Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
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I have several rental properties in my home state of NJ, all owned in a NJ LLC. I’m wondering, if I buy out of state should I set up an LLC in the states where properties are located?
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Hi BPers (and, I hope, helpful lawyers),I have read online that one can secure traditional financing while getting asset protection by getting a traditional residential mortgage in one's own name, putting the title in...
We own 2 duplexes and have been landlords since 2009. We are just completing a major renovation of our second duplex, which we picked up at auction in the fall. We have executed leases and secured deposits on one of...
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I have been reading this article by Dave Van Horn and here is what he said:" For example, if that property was owned by a trust or an LLC that was owned and managed by a trust, it would’ve been much harder for them t...
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Here’s a refined version of your message that maintains your original questions and concerns while improving clarity and flow:
Hello,
Since January, I haven't received the full rental payment from the property man...