Melissa Hu
Get an LLC to buy first property?
Hi there! I was wondering whether rookies (like myself) decide to buy their first property with an LLC. From my research, it looks like getting financing is more difficult under an LLC vs a personal loan. My worry is ...
V.G Jason
Asset Protection: Two Company Structure Questions
Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
Robert Steele
BiggerPockets romance?
This post is slightly tongue in cheek but I thought it might be a novel idea.
A lot of what I read about getting into RE investing says that your partner/spouse/gf should be on board and as passionate about RE as you...
Victor Omoniyi
How to Set Up Asset Protection with Anonymity in Texas
As real estate investors, one of the questions that will invariably come up is that of asset protection – should I do asset protection, when should I start the process of asset protection, how do I go about asset prot...
Mike Leng
how to buy a house using an LLC that's owned by another LLC
I have set up an LLC in Wyoming. According to various research I have done, if I want to buy a house in another state, say Virginia, I need to set up another LLC in Virginia. The WY LLC will be the member (owner) of...
Craig Myers
Can Broker pay my LLC commissions
I have a team. In Virginia a team requires a business entity license, which I have in the form of an LLC. The LLC is associated with my broker and I am a member of the team. Can my broker pay my commissions to the ...
Kumar Jagan
Regarding asset protection of rental property
1. I have created an Estate Plan (Will and Trust). I have also created an LLC just for managing my rental property. I would like to create an assignment of business interest to transfer the llc to living trust to prot...
April Adams
Screening tenants for payment history
Hi BP,Can you help me out and take this quick, anonymous survey. I want to know how you screen for a tenants payment history.https://docs.google.com/forms/...
George P.
Land trust's trustee - spouse?
Would it make sense to designate a spouse as a trustee of the land trust that holds an investment property (spouse is not an investor)
Thanks!
Emeric Harney
To LLC or not LLC for multiple longterm rentals
Hi all, My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set u...