Camille Johnson
Obtaining Private Money From Actual Private Lenders?!?!
I am a bit frustrated and hope this will be received well. This also may be somewhat lengthy as I just need to vent some. I have a 15 yr background in account management/outside sales. My husband (a Chiropractor) an...
Mike Jones
EIN# for Property LLC under a Holding LLC
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
Mike Jones
5/95 Percent Partnership For LLC with rental units
Hello, Let say my brother, and I want to for a Holding LLC which will Owned a management LLC. I have 1 rental unit, and will be buying a second one, cash. The first property is on my name. planning on growing the busi...
Suzanne P.
Bank accounts, tax & legal entities for Canadian investors in US
After a number of Joint Ventures and gap lending deals in Canada and the US, my journey towards becoming an active flip investor in the US continues. I just completed an asset protection conference in the US and there...
Todd C.
Analyze my first potential deal!
Hey all! I've been posting recently about a property that my mother/uncle recently inherited. Its a SFH in NJ (down the shore) in an > 55 community. The house was paid for in cash, so no outstanding mortgage, prope...
Nathan Shankles
Can I transfer a house I own to an LLC?
I have an SFH and a duplex as rentals, both with mortgages in my name. I want to protect myself and my family from lawsuits and was told by a friend to start an LLC and transfer the properties into that LLC. Since I h...
Scooter Williams
Asset Protection for $5MM + In equity
BP! I am a buy and hold investor that has only focused on growth for the past 7 years. Our defense strategy is pretty minimal besides insurance. I have about 40+ multifamily properties all buy and hold properties with...
Joey Fontenot III
Land Trusts
I have read through a bunch of posts about land trusts on BP and am getting mixed signals on their worth. I wanted to know if you guys are utilizing them? If so what benefits do they have for your particular real ...
Michael M.
Obtaining financing as an Corp/LLC
Hello All,I'm interested in creating an LLC to begin purchasing property under this umbrella but my understanding is it may be difficult to obtain financing under the LLC entity because of the lack of credit history. ...
Jessica B.
Lots of tax questions
I'm still pretty new to land-lording. In my current situation I've invested in a few rentals in Ohio. I, however, live in another state. I would like to do things right and at the same time not create more work than n...