Natalie Stanley
How many single family rentals do you keep in one LLC?
How many single family rentals do you all keep in one LLC? I have around 100 single family homes in one LLC. I have heard that I should have an LLC for each home but it seems administratively burdensome to have 100 ba...
Account Closed
Property MGMT - Using an Unlicensed Contractor to Open Door
Hello All, I'm considering starting a property management company with the goal to remove myself from as much of the "on-location" activity as possible. This will require a sophisticated software (electing to use Appf...
Robert Palladino
Is umbrella Insurance recommended
I am purchasing my first investment property. It is a SFR in Philadelphia, PA. The property will be bought with cash, and owned in an LLC. My question is this; Above Landlord Insurance, is it recommended to also carry...
Dustin Atkins
Borrowing more than your Net Worth
I am wanting to borrow a substantial amount of money, about 1.5 times my total net worth, from the bank in the next couple of months to purchase some turnkey rentals. I have heard that a lender will typically only lo...
Matthew Alderete
Introduction- Matthew Alderete
Hello Bigger Pockets,First let me say that I am so excited to have found this great community. I found this about 2 months ago and have rarely used it but plan to become more involved in the next few months. I am 27 ...
Clay Hartwig
If a condo president gets sued by tenants or neighbors. Risk?
Quick examples are. He puts up a fence around the water front so people won't go near his boat then calls it a construction area to keep people from jumping the fence. Cuts down trees not on our land. Routinely breaks...
Lue C.
Will UBIT apply here?
Hi,I have a self directed solo 401K, and am wondering if the following business model will generate UBIT. I will ask my lawyer/CPA as well, but want to see what BP community thinks. Here is the model -My 401K trust ...
Joe Ciccarelli
Individual LLC or LLC per deal?
Working with a group of other investors interested in buying some property(ies).I would be leading the research, management, etc. but relying on the group (and in some cases myself) for capital.Is it best to create my...
Jason Coleman
Where are you parking your cash?
I am trying to figure out where to park my cash. I have a rental portfolio "reserves" account as well as my realtor business "crash" account. There is a substantial amount of cash in each. My plan is to keep these acc...
Grant Shipman
CPA Recommendations: Renting my SFR in Austin & Live in San Diego
I have a friend who recently become a REI when she moved from Austin to San Diego and started renting out her SFR. I am looking for RE CPA recommendations for her as she is wanting to make sure to protect her assets ...