Do you form a new LLC/entity with each new property you buy or do you have one LLC/entity holding them all?
I started a single member LLC in Utah upon recommendation very early in my real estate journey, probably sooner than I should have. I'm finally going to be "doing business" and purchasing a property to hold this year ...
Hello BP!If you own properties in your own name (or a trust that you are the trustee of) is there a legal conflict managing and/or operating the properties under a DBA? This first came up when prospective tenants wou...
I am a relatively new investor and haven't yet put any properties into another entity. I currently have two SFR's (self-managed) and am in the process of turning my current primary residence into a third SFR and movin...
Hello all,
I've launched a new real estate investment company that will be Wholesaling and Acquiring properties using creative finance and other strategies. But I'm curious, any suggestions and guidance around launc...
Hi BP members,I'm wondering if anyone can provide some real world practical advice on the pros and cons of registering my LLC in Wyoming (for charging order protection) versus registering my LLC in Michigan (my home s...
Hi everyone,I am attempting to setup my first LLC for my first flip (in Georgia). In looking up the process I was presented with the option of using a registered agent for the LLC records. My understanding is this w...
Hi everyone, I am contemplating asset protection strategies for my California and Memphis properties and a real estate guru says to hold the California properties in land trusts owned by a Wyoming LLC. This WY LLC wo...
Hello All,Can you please suggest good company/lawyer to form an LLC/land trust ?Thanks
Hello Fellow BP Members,A lot of people struggle with raising private money (myself included).In my experience, it’s probably the biggest obstacle that prevents real estate professionals from growing their respective ...