Hello everybody,I plan to buy my first MF in October. I went to lender to see what can I be qualified for.He asked me to provide him my 2 years tax returns, DOB and SSN# and he wants to make a hard pull to see what ...
Hi to everyone I just want to know:1- how could affect me as an investor in real estate without an LLC? 2- what benefits can I get with the LLC? 3- what are the pros and cons. Getting an LLC?I would like to see your e...
This is a partial FAQ for a very complex topic that has a lot of possible twists and complications. Maybe it will trigger a discussion leading to a more complete FAQ.Here is a scenario. Harry goes on a weeklong trip f...
I've been doing a lot of reading and research regarding land trust and I am interested in learning more and possibly using this as a tool as I progress in my real estate journey.My question is, can you form a land tru...
Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...
Hey yall, beginner investor here with 2 properties rented out and producing income. I am planning on buying something bigger this year... or maybe a couple of different properties. Im thinking I should really open an ...
I have several LLCs (holding company that owns LLCs in states where I currently have rental properties). I'm struggling with and have not found any good guidance on how to best keep minutes for my LLCs. Wondering if...
Attention new investors: As I’ve immersed myself in the BiggerPockets forums, I’ve observed an extreme emphasis placed on asset protection by those entering the business but their approach and where they decide to all...
For someone that only has 6 rentals spread between California, and TX. What will be the best way to structure the ownership for these properties that can provide good asset and liability protection? My insurance agent...
My wife and I personally purchased a duplex in the Chambersburg, Pennsylvania area last year. We house-hacked while doing an almost complete home renovation in 6 months, moved out, found wonderful tenants to move-in r...