Aram Hamidi
House hacking in South Pasadena , CA
My husband and I are looking for to buy our first property, and we are looking for a multifamily in South Pasadena, CA. Most of the buildings aren't in good shape and the prices are crazy high. I was wondering if anyo...
David Begley
Rehabbing & General Contractor Licenses in Georgia
I am interested to know if most seasoned rehabbers out there require a Contractor you wish to contract to provide their General Contractor's license information and federal tax ID as part of the contract? The reason ...
Joseph Gleason
help going to the next level
first thanks to bp for the boat load of knowledge, looking for advice or direction to a trusted professional on what steps i should take next. I am a ex carpenter who became disabled and currently live off of ssdi and...
Stephan Kraus
If I buy a LLC that owns property, does the tax basis change?
Hi BP experts, Im looking to purchase a multifamily property that is owned by an LLC. For various reasons im considering buying the Business VS. buying the property, now my question is: Does the property tax assessmen...
Matthew Araujo
LLC Partnership or Sole membership
Hi everyone, I'm in the process of setting up my first LLC. My mom is lending me some money for my first rental. Would it be beneficial to have her as a member of the LLC, or should I just run it as a single member? W...
Shawn Tinerino
when should you form an LLC
Hey Ladies and gents,
I have a bid in on my first prospective rental property. At what time is it necessary to form an LLC to protect my personal assests from liability? I know of people who put each property inder...
Malikah Planas
Putting a Property in an LLC?
Hi, what is the benefit of listing a property with the LLC, for example, I saw a home on Zillow that was purchased by someone using the street name ex: 2345 Anywhere Dr. LLC I also saw the business was formed when the...
Daniel Sterling
LLC vs Insurance
I'm taking steps to buy my first rental property and I'm wondering if forming an LLC is worth it considering everything that I'd be protecting under the company would be protected with a good insurance policy. Acciden...
Joshua Cuellar
Question on LLCs
At what point as a rental property investor do you consider becoming an LLC? When does it provide more benefit?
Marcus R.
Swamp cooler in a long term rental
Hi All,Question: Any experience with roof mounted down draft swamp coolers in a long term rental? Is it a hassle? Do tenants operate them properly? Currently have a swamp cooler on a 1150 sqft middle 2bd/2ba townhome....