Jonathan Orr
CAMs from a commercial property manager perspective
Hi BP
I wanted to get your opinion on what is included in Common Area Maintenance fees (CAMs). I know that most if not all fees for the maintenance and care of the property are included. However one thing I am wonderi...
Shane Duncan
Will using income to pay downpayment from HELOC pierce the LLC corporate veil?
I am closing on a multi-family soon and the mortgage will be in the LLC's name. All income and expenses will be handled by the LLC. The problem is that I am using a HELOC to assist with the downpayment for the loan. I...
Maria Taylor
Operating Agreement necessary?
Hello BP! My husband and I are filing for our llc in a few days and the cost of doing an operating agreement is another $200. We are on a tight budget already and I don't know if this is necessary. To my understanding...
George Mathew
Creating LLC's to own LLC's
Does anyone have experience with creating LLC's in Nevada, Delaware or Wyoming to then own an LLC in another state?
Abe B.
Bank Accounts + Landlording
Hi there,
I'm about to close on my first property (6 doors) and am realizing that I don't know how to collect rent in a convenient fashion for the tenants. I have been told to use Baselane so that they can ACH transf...
DuRon Netsell
Best Cash Flow Projection Software?
I realize there have been a few other posts regarding this but i didn't really find any of them useful.
I am to make the leap and buy my first property but am having a tough time deciding which software to go with f...
Kevin Alvarado
What do investors do when they have multiple properties? Multiple LLCs?
What do investors do when they have multiple properties? For example, 15 different properties for rentals. Do they just create 15 different LLCs? For fix and flip, that would be a separate LLC too? Any clarification w...
Jarod Castaneda
Looking for guidance on property lived in first then renting
Looking for help in evaluating a home I purchased and lived in for 2 years. In the military at the time and moved. Decided to rent. Now having joined Bigger Pockets I want to see if what I have is a good deal and n...
Justin Letkiewicz
Battery or 10yr smoke/CO2 alarms?
currently needing to upgrade a new property of mine and am stuck trying to figure out which would be my best option to go with: Combination CO2 & Smoke alarms that are 10yr sealed or just plain jane battery operat...
Abhimanyu Aditya
US Citizen with Foreigner as a partner
I am a US citizen. My parent is an Indian citizen. She has some money she wants to invest in the US in a real estate condos we can rent out.
She is happy to have everything go through me, i.e. she transfers the money...