Brandon Handel
Do I need a business name?
Recently I posted a forum asking others for their opinion on a business name I had in mind. Most everyone said I was wasting my time. While I appreciate the honesty from everyone, it left me with another question. Wha...
Chris Sellers
BRRR, Cash out refi for property in LLC
Looking for advice doing a cash out refi on a property owned free and clear, titled in an LLC. Banks I've talked to suggest that I re-title the property in my name, do the refi, then transfer back. I'd rather not do...
Jonathan Buckelew
What's the best way to obtain a loan
Hey All- I'm currently talking with a lender at a large multi-national bank regarding resi properties (2-5 units) and his covenant seems a bit high. As I will be purchasing property through an LLC, the lender stated t...
David S.
The biggest turn-offs I notice when people market property
Everyone has a pet peeve or two. These things almost instantly turn me off when reading details about a property:1) Exclamation points - I see this as an attempt by someone to fester excitement 2) Listing the cost to ...
Ryan Green
Management Corp to LLC model?
Hello BPers,I’ve been actively following and learning along for several months preparing to begin doing business in Q1 of 2020.I was planning to go the LLC route with my partner for purchasing properties, but I got in...
Gulliver R.
Structuring mobile home parks in different types of entities
Hi all,
I have heard two good ways to structure mobile home park ownership:
1. The Owner owns one Primary LLC > which then owns several Land Trusts (for anonymity) > then each Land Trust each hold title to one...
Lee Liberman
Operating LLC used as asset protection
Does this structure add any protection?Properties are purchased in my and my partners individual names (tenants in common) for the purpose of renting.We use an LLC (owned by both of us) to move money around for income...
Duc Ta
How to structured your entity
Hi,Have a stupid question. For example, you have 4 properties. Now you want to do BRRRR with 2 properties with a refinancing cash out. Now my question (sorry if i’m noob). How to structure or create an entity that you...
Tomer Shani
Transfer Tax in Philadelphia
Hello BP!I bought a few houses in Philly with a traditional mortgage. due to that, I had to take title with my name. Now I'm starting to form an LLC for each of my units and my question is: Am I subject to transfer ta...
Kyle Lauriano
Seeking a CPA and RE Attorney in Lehigh Valley/Philadelphia Area
Hi All, I am looking to get obtain critical legal advice while creating a key team around me moving forward in the buy and hold real estate process. I have some questions on the methods of utilizing an LLC while inves...