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Is it ok to you your own name to wholesale your first deal? And then set up a LLC with the funds. Is there any pros and cons to this?
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Hello. I am a current resident in a small town in Iowa and I am on the fence about buying a house. My area is an area with a low population and a flat to slightly downward population growth trend over the last 10 year...
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I have always benefited/profited from having the water built into my rent. I have also benefited from the young professionals who are attracted to a unit that is not subsidizing other tenants. I recognize it works for...
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Ok Note investors I would like to hear what part (percent) of your IRA is invested in the Stock Market and what part (percent) is invested in notes with a Self Directed IRA and your thoughts on diversification vs all ...
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Hi,
I own three SFH rentals. I have the max liability on each. A friend mentioned his rentals are in a LLC. I wasn't sure I wanted to go thru the hassle of dealing with an LLC and my lawyer friend says it wont really...
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I have a 6 unit multi family property under contract as of this morning and just found out that there are no leases. This is my first deal and I’m shocked to say the least. However, I know there are pros and cons to t...
I purchased a house in 2021 and lived there for two years before converting it into a rental property. I had not considered opening an LLC until recently when I learned about its potential benefits for liability prote...
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Hi everyone, my husband and I are starting to do our research to get started in REI and we're very excited about all of this. The question we are having the most difficulty answering for ourselves is whether we should...
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I have 4 properties. My attorney suggests the best thing for me is one LLC per home. I asked my lender, who is great, and she has concerns with individual LLCs - she says many lenders will not lend to LLCs or properti...
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Hello - I tend to be wordy so I'm going to try to keep this as short as possible while also providing enough information to be able to get some valuable feedback. I currently own a 4-plex in Missouri. A friend and I a...