Bradley Bladon
Series LLC as a Foreign LLC in my home state
I'm in South Carolina, which does not offer a Series LLC and I only plan to buy rental property in SC. Let's say I form a Series LLC in TX for example, I'm assuming it then needs to be registered as a Foreign LLC in ...
Craig Fairfield
Series LLC + Insurance Coverage
Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...
Ryan Fox
Piercing the corporate veil in California
There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
KJ Smith
Can a buyer see your base contract when your wholesaling?
Hey BPers, When you're wholesaling a contract, is your base contract price protected by the title company, or can the individual you're selling to see the amount you've agreed to pay? I'd like to know more about how t...
Nick Gray
Break Portfolio Into Multiple LLCs?
I understand the reasoning behind placing real estate in an LLC: for the owner to shield himself/herself from personal liability in the event of legal action.
However, is one LLC enough? Say an investor owns 10 prope...
Abraham Kaplan
Small claims court in Dallas TX
I am looking to sue a contractor in small claims court in Dallas TX. I paid him 50% of the rehab budget up front. That was $25,000. All he did was the demo and bought some of the supplies. I've never sued anyone befor...
Naeem Kapasi
How to structure the private money deal
So I am looking for my next flip in Houston (wholesalers, let me know if you have anything!)The reason I am writing this post is that I have two friends who want to lend me some money for the flip (I will put in some ...
Buddy Holmes
Protection in Partnerships
I have been offered a good deal in a group of 5 duplexes. My neighbor has recently become interested in REI. As a good will introduction, I am considering a partnership with him on this deal.I hold all my current S...
Cade Antonucci
Home warranties for rental properties?
I am a relatively new landlord, I currently manage 3 of my own rental properties and I recently spoke with a seasoned property manager and he suggested I get an American home shield policy for each property. I wanted ...
Aaron Rowell
Need opinions on the best warranty company for my rental.
Getting ready to purchase a home warranty for my duplex. Looking for the best option. Any advice is much appreciated.