Hello BP! I've come to the forums as it has proven to be such a valuable resource to throw out ideas, questions, or seeking opinions on anything I've ever been curious of regarding REI.I'll get to my question shortly,...
My brother and I are partnering on a real estate investing company. I am looking for advice on what business structures work best for different types of real estate investing, and recommendations on good accountants a...
I was told by a CPA and a Real Estate attorney not to put my properties into a Wyoming or Nevada LLC for privacy because if some attorney wants to find out who owns it or to know its members it’s not hard to do so.Any...
Hi all,
I'm purchasing an investment property (residential rental duplex) and I'm wondering what the best legal entity to hold it in would be.
Purchase price: $479,000
Monthly cash flow: $1,500
Income will be ke...
Hi everyone, We are gearing up here in Oregon to re-brand and reestablish our business. I (Johnny) have been operating as a sole prop and carpentry subcontractor for the last few years, but am planning to move into fl...
Hello, I have been using Allstate for the landlord insurance policies so far, but I reached their limit and cannot get any more policies from them. (Location- Atlanta)What is the best insurance company for landlord po...
Hello, guys. I was working as a real estate agent and have one property. I decided to get into re investing seriously. I have network of people who has great deals. My question is how to raise money and protect myself...
As I'm just starting out, I have been checking the boxes on diligence on structuring the first few deals. Does anyone have thoughts on the following:1) Insurance - What are your experiences with using an umbrella pol...
I'm working on getting a new property manager. In the management agreement, they have a clause that seems to indemnify them from liability. Here's the line:
"Owner agrees to hold Agent harmless from any claims, charg...
My wife and I are closing on our first investment property in 2 weeks. We used a bank statement loan given that we are both self employed. We plan to use this property as a STR but it's currently under our personal na...