Hey guys I’m trying to start an LLC to put my first rental property in. I live in Los Angeles California, but my property is in Indianapolis Indiana. Do you need an agent in process with a physical address there in In...
There are a lot of options for asset protection, but the only true protection that offers FULL protection is by using a foreign trust. If you are purely domestic in the US with a domestic LLC and Domestic Trust, you a...
Greetings All!
I’m brand new to the forums as well as being brand new to the business. I’m really looking forward learning from the collective wisdom from the members of BiggerPockets; someday I hope to be able to p...
We are purchasing a 16 door (actually 8 duplexes) multi unit property in OK. Not sure if we should form an LLC for liability protection or just have it in our names? Any advice and help would be appreciated.
I am in the process of obtaining my first property and after review, I believe that I should form an LLC. I have read reviews of some familiar corporation service companies (Leagal Zoom, The Corporation Co., etc.)...
So recently closed on my first buy and hold rental property. I have seen a bunch of conflicting information on what to do with regards to protecting myself. A couple resources suggest putting the house into a "trust...
Hello everybody,
When you guys are getting ready to place a new tenant what do you guys prefer, contract or moth to month? This is my first time renting out one of my houses and my lawyer recommended that I do month ...
Just went to a bank I found that does the type of loans (seems like most don't), and got the following numbers:Term: 10-15 Years (5/1 ARM I believe is what it's called, but the note is 5 yrs)Rate: 6.15% Downpayment: ...
I recently attended a real estate investment class and was advised to never purchase real estate in my name but form an LLC or S-Corp And use this to purchase instead. Does anyone else follow this advice?