I reside in Massachusetts and my boyfriend and I want to purchase a vacation home in a specific resort in Davenport FL. Our primary goal is to have a long term investment that pays for itself (or at least offsets the ...
So the wife and I decided to start an LLC for purposes of shielding our identities (although I know it's not perfect) and limiting potential legal action. My question is the properties that we own are in our names. D...
Hi All,
I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.
Generally I'm wondering what account types I should have,...
I used to think that the “big difference” , The “great divide” in investments was between equity and debt. A number of years later I revised my thinking and thought “business vs real estate”. Then I came to the conc...
Hello Everyone. I'm looking for advice I'm currently in a real estate partnership, and I'm seeking some guidance on ensuring that our partnership is structured in a fair and financially beneficial manner for all part...
We are very excited to embark on our first flip! Our question is about structuring our operating agreement with our GC related to the topic of profit sharing. We have a personal relationship with a very experienced ...
If the purpose of an LLC is to protect my personal assets, can I forgo setting up an LLC and instead purchase personal liability insurance? Does anyone know the pros and cons of doing each? I honestly a little intimid...
Hey guys,When do you guys create an LLC when you want to create a partnership? Do you do this before a deal or during the deal (in the beginning or at the end?)Also, when do you guys create an LLC when you're going so...
Hello everyone!
Working on a few STR deals with savvy investor sellers and we are wrapping some really low interest rates so the DOS clause concern is very much alive… We have decided to go the land trust route w/ o...
Hey all!
I've been doing my research on a property in Milwaukee, Wisconsin where I live and am hoping to get some advice. The property is a multi-family home, and is turning out not to be the standard real estate ag...