Account Closed
Starting a small property management company
I hope I'm posting this in the correct section.
I am going to start a small business with property management. I wan't to focus on single family residential and charge landlords either 10% or 15% of the rent.
I hav...
Caleb Heimsoth
Fair Price to Form an LLC?
Hello,I want to form an LLC to hold my properties, and will be doing this in Ohio. I just got a quote from an attorney there for 1000 dollars to form the LLC for my future properties in Ohio as well as the one I'm ab...
Gary F.
Monetized Installment Plans?
Looking at alternatives to offset or defer capital gains. Yes I know about a 1031 exchange so that remains a viable option. But I’d like to have more freedom with the monies such as buying on auctions or other investm...
John Campbell
LLC vs Umbrella Insurance vs Other Options
New to renting, looking for advice.
Single family home valued around $1.1m. Roughly $510k owed. Converting it to a rental projected to rent @ $4500 monthly. Currently monthly is $2800 monthly on a 2.65%. Property Man...
Tim Haag
Newbie from Vancouver, WA.
Hello Bigger Pockets. My name is Tim Haag, and I live in Vancouver, WA just a few miles north of Portland, OR and I’m brand new to investing. I grew up watching Carleton Sheets and Dave Del Dotto on TV when...
Pepper Bradford
Need a holding Corp. when just starting out?
I understand that when we finally make our first deal, that property will be in its own LLC. But regarding the ownership of that LLC, my questions are:1) Do we need to go ahead and form a Corp now before we have any p...
Lee Brewer
Haven't received rent check but tenant says it was sent/cashed
I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
James Robert
So many options, what would you do in this situation?
I have flipped a few houses now with conventional loans getting started. Made some good money. Bought a 325k house in one of the best neighborhoods. Worth about 450 if fixed up. Been here 6 months with a roommate that...
Toan Pham
LLC for one property?
I know the general consensus is that you should have an LLC for protection but I was wondering if anyone decided to forego an LLC (for maybe an umbrella policy) when they had a single property? I'm in California so LL...
Anthony Freeman
Loaning to a LLC
Do lenders look at all members of a LLC when considering personal guarantees if so what is the best entity to set up to only have one member supply a personal guarantee?