Account Closed
Wyoming or Nevada LLC’s: Are they really “all that”?
I was told by a CPA and a Real Estate attorney not to put my properties into a Wyoming or Nevada LLC for privacy because if some attorney wants to find out who owns it or to know its members it’s not hard to do so.Any...
Peter Baldridge
Evaluating Smaller Markets - Ohio
I'm wondering if anyone can help me answer this question. I'm already invested in long term rentals in a smaller market outside of Cleveland Ohio. I'm interested in mid-term rentals for travel nurses. There's a region...
Tricia O'Brien
Easy Steps to Setting up Mobile Home on Land??
I'm looking at buying a vacant lot, then getting a used single wide mobile home for it. The purpose would be to rent it out through a property manager just like a regular single family home. Where I invest (East Centr...
Grayson Spittel
First Multifamily BRRRR Complete During COVID
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fayetteville.
Purchase price: $100,000
Cash invested: $35,000
This property is a quadplex in Fayetteville, NC that we clos...
Kristen Bouvier Scoville
LLC vs S-Corp/ Too many Properties Rentals?? CPA - Tax Attorney
Could use some Tax Attorney or CPA advice! Here's what I have.. My husband and I live in a small Western New York College Town. We currently own over 20 properties primarily Student Rentals; 1- (6 unit 1bd), 1-(3 bldg...
Kris Abejuela
LLCs, holding companies overkill?
I want to start buying investment properties. I want to set up a legal system correctly from the beginning to protect me from potential lawsuits. I want anonymity. I have been looking at different companies that provi...
JASON CHOI
Asset Protection for Novice Real Estate Investor
Hello BP Members!I am in need for some honest guidance as to protecting my assets before I start my real estate business. I've gotten some mixed opinions in protecting my personal assets: create LLC vs. purchase more ...
Pillar Jane Lagrito
Buy cash or use Mortgage??
Me and my husband have refi'd our house for the purpose of reinvesting the cashed out money from the refi. We are looking into buying our second rental, and first out of state investment. With the current trends right...
Peter Aziz
SoCal N00B Looking to Invest in the MidWest
Hey there, BP,A little about me - My wife and I have been investing in SFRs in SoCal since 2011 and have done okay putting together a small portfolio; However, the market right now in SoCal, or at least in our desired...
Vidal Gonzales
Working with Lenders
Hello Everyone,I just wanted to reach out and get some of your opinions and tips and tricks in regards to lenders. I want to start the process of purchasing a new rental property out of state, but I only have 20k to p...