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Results (10000)
Timothy Metra Will multiple LLC's protect me if the worst comes?
28 January 2017 | 19 replies

This may seem like a new question, but I couldn't find a specific answer on older posts. Sorry if I missed it.Anyways, if I have 3 separate LLC's and one fails, will the other 2 be protected?Example:LLC 1: Worth $45,0...

Michael Ghim Recs for business checking accounts and credit cards - can you have too many?
9 August 2024 | 13 replies

What do most do in terms of keeping rental business out of personal finances? My eventual plan is to scale - do most have a single financial LLC with its own checking account and each rental LLC finances go through th...

Avery Moore Are there other ways to purchase Investment Properties?
8 October 2024 | 10 replies

Hey BP,I am a landlord looking to expand in rental properties. I've done it the traditional way of using my credentials; credit, job/salary, personal info. to getting a FHA loan. Although, initially the property was f...

Kurt Dieringer Qualifying with a business?
20 July 2019 | 1 reply

So I finally have the second rental unit. I did a live-in flip, house-hacking a double on VA 0% down loan, etc. Knocked it out of the park, now moved into a new primary home, keeping the double for rentals. Question i...

Debra Bee Rental property
29 October 2016 | 7 replies

I know I have to set up a separate checking account from my personal account for my rental property but can it be just a regular checking account or does it have to be a business account? can I have my account at the ...

Gareth Lim LLC vs Liability Insurance vs Umbrella Insurance
17 January 2019 | 6 replies

I am a newbie buy-and-hold investor, and in the process of procuring my first rental property, a duplex. I want to make sure that I have the ownership structure set up well, to ensure the best asset protection.I have ...

Derek Young Rental Finance organization help
6 October 2021 | 2 replies

Hi all!
Brand new to this and just starting to get my feet wet. Will be renting my personal residence out soon to grow my money and enter the world of tea estate investing. What is the best way to separate my finance...

Antonio Bodley How do you protect yourself in subject to deals?
16 September 2023 | 4 replies

What is the best way you can protect yourself in a subject to deal if your tenant buyer starts missing payments leaving you on the hook to come out of pocket to keep up with the mortgage payments? What if a person in ...

Alton Williams When family and business don't mix!
13 April 2014 | 4 replies

Greetings to all, I'm curious as to your thoughts on mixing real estate investing with family. I'm currently working on some things with my father and at times it seems like the best idea and other times not so muc...

Eric Schneider Changing ownership from self to LLC
30 April 2015 | 29 replies

I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed ...