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My family and I purchased a house in 2010 in Arkansas and put the original mortgage and title in my name solely. We decided to start renting it out, and all agreed to transfer the title to an LLC. The LLC was supposed...
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Hello,I currently have 1 rental property (this may go up very soon) located in Ohio, I live in AZ. I have done a lot of reading about the benefits of an LLC. My main reasons for wanting one are the protection it provi...
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I'd like to get a sense of the value of having a high visibility office location for a residential RE Agency. I'm looking at a location with good visibility along a street with 30,000 vehicles per day. Half a block ...
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Sorry for the misspelling in the title, hit post too soon and now I can't edit the title. I've decided to go the LLC route for my REI plan and I'm a little confused on how to purchase a property THROUGH an LLC. Detail...
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I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
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Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...
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Xpress loans 911 is a major scam!! Andrew of Xpress loans sent me a term sheet for 15% down at 6-8% interest on a 30 year loan in which I had to pay 1,295$ commitment fee. Once I paid and went through the loan process...
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Hi Everyone! I am in the process of setting up multiple LLCs and need to manage the rents and expenses within each LLC. I need to get a business credit card for each one. Has anyone experienced how that impacts your c...
In a seller's market like we're in, this can save thousands of otherwise Forfeited Tax Free Home Equity in real estate commissions. What the average consumer is completely oblivious to is that after 2 yrs of homestea...