I'm looking to start buying and holding for rent. I've heard that it's wise to hold houses under LLCs for tax and legal protection. How does it work? Do I need to start an LLC for each house? Where can I find out m...

What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...

Hey guys, this is only my second post here, but any help would be greatly appreciated. I will try to keep this as short as possible.

I have an offer in on a duplex in a good school district. It was listed at ...

I think I have a simple enough situation that I won't require advice from a asset protection lawyer, I'm hoping some of you are in a similar situation and can pass on what you have done.My wife and I live in Californi...

Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this? 
My main qu...

My brother in law and I have been trying to purchase a rental for a few months now but we have been having trouble getting bids accepted.A few days ago we put in a bid on a short sale house last Friday.  The sellers c...

Hi,I just bough my first 6 fam unit in RI. I am thinking of forming an LLC soon. I am wondering if folks can answer few basic questions : 1)  I am based in MA  - Should I form LLC in RI or MA?2) Is forming LLC is a pr...

Hi all,I am one of those people who is trying to break into real estate investing as a way to leave a day job that I very much dislike.  However, I am finding through my talks with some lenders that, since I am still ...

Morning BP'ersFirst post here. I've been patiently saving and researching for about 6 months and I'm getting a little "analysis paralysis". I grew up and currently reside in Dallas proper and work in McKinney and it s...

Okay, I've gotten an application from another family. I don't have their financials yet (for some reason, though she emailed to application to me, she snail-mailed the other docs!?!?). I also haven't run credit chec...