Hi!I own 3 properties (5 units) in Arkansas currently, but I live in California. I would love to know if anyone has advice on where I should set up my LLC? I would like to do a couple of flips in the next 6 months and...
I’m just getting started with my first two long-term rentals in the Austin Texas area. I live in California and have been told I should have asset protection for my homes. Currently they are all in my name.Does anyone...
Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
Hi BP,Is 500k enough liability on a 2 bedroom single family rental property?Thanks for all and any answers.
I'm a moderately experienced single family home investor who currently does wholesaling, rent to own, and and fix n flip investing. With the current SFH market booming again I'd like to get into a new market with low...
Can someone try to list in steps how the subject to takes place? I'm having trouble getting financing, but I explained the concept of subject to the seller and he is willing to do sub to.
Thanks for your help everyone.
To my seasoned investors, do you recommend setting up an LLC or some type of corporate entity? The plans are to acquire rental properties, but with the income generated would it be better to have a business overseeing...
At what point is an LLC necessary? I read that the LLC requires a lot more attention to detail in order for it to protect any property. If I own two properties, would it be helpful to have an LLC or is it better to ...
Hello all. I'm a new investor and currently have 2 rentals (1 vacant and only recently renovated). For the rented property, during the pandemic, I muddied the waters and used my personal funds to pay for renovation,...
I spoke to an asset protection planner (part of an asset protection company that has attorney's and CPA's) and I got completely confused about how to set up a business entity for asset protection. So I'm wondering wha...