Johnny Park
Is a LLC really worth the money?
Hi!Need some advice. I own several 2-4 unit multi-family buildings in the Chicago areas with loans, but the banks are starting to question why the title has changed from my personal name to a Series LLC. Not only is t...
Fareen E.
Seeking LLC Guidance; Long Time Realtor, First Time Investor in Michigan
Good morning! Great to be here.
Just obtained my first LTR and did a mild flip to improve some cosmetics. Before I advertise it I need to clear up some confusion so I can start on the right path. I realize the LL...
Dennis J Marsack
Large personal loan for first flip?
Hey guys, my Fiancé and I were discussing possibly taking out a large personal loan (from like prosper or even financial..) to fund a fix & flip deal.. what are your thoughts on this? Could it work to buy a forecl...
Kenneth Schuster
Buying properties under an LLC not personally
We currently own 3 properties but we dont want to keep taking these loans out personally. Does anyone have any advice? We usually put down around 25%.
Timothy Burns
Rent Payment Collection Methods
Hi guys, what/how would you guys reccomend as a way to collect rent payments on your first property that you will be house hacking?
Staying somewhat anonymous or automated seems ideal but literally collecting a pape...
Peter Hoang
Transferring Personal Name to LLC
Hello everyone,I tried searching the forum for this answer but had no luck. I just got my first property under contract today and plan on BRRRRing it. I have my LLC already set up and am getting rates from two lende...
John Fider
How do you organize your portfolio finances?
Does your entire portfolio go into 1 bank account? How do you know how much money is allocated in each property so as to not use up funds you saved up for rental A, to pay for rental B's expenses? How do you keep it a...
Jen Etten
Financing as Develpoer + Builder
Hello Everyone, My husband and I own a contracting co. We are in the process of planning our first spec home build. We have purchased the lot already and have the septic and site plan approved. My question is about f...
Michael Gelatt
Refinancing my duplex
Hi all. Looking for some advice. I purchased a rental property last year that is titled under my LLC. I purchased the property with cash after I took out a HELOC on my primary residence. I first transferred the mon...
Ruchin Patel
Legal Structure or Own personally
Hello, We have just got into our first property in Edmonton, AB. We have removed conditions and now are working with the lawyer to close. The plan is to build legal basement suite and rent out both units.Because this ...