AJ Howard
WHEN & WHY to start LLC?
A little background: We are in WA.We have heard about people in the tents gam starting LLCs. And we are wondering if we should start a LLC and why...So we bought our first house about 4 years ago and lived in it for a...
Dustin Beam
Asset Protection vs Traditional Financing
Which is more important to you?From what I've gathered, it's basically impossible to get a nice, low 30 year fixed with an LLC. OTOH, then you're more vulnerable if you get sued.So if given the choice, would you finan...
Brett Tvenge
Most recent flip in Surprise, AZ
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $305,000
Cash invested: $13,000
Sale price: $379,900
305k purchase price
4k closing cost
4k holding cost
13k re...
Zachary Sakena
How to structure first rental in NJ: Should I use an LLC? Land Trust?
I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. This will be my first rental. Should I set up a land trust then put the beneficiary as an LL...
Allen L.
LLC owning other LLCs bank account best practice
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...
Megan Barron
Property Management Fees
When I am doing my calculations to see how a property may cash flow why do we only calculate the property management fee at 7-10% when in reality most property management companies charge a leasing fee of 75-100% of f...
Stephen McGrath
Due on sale Clause/ LLC/Land Trusts
Hello everyone,I am a new investor with one duplex under my belt and i have scrubbed the forums for information on how to avoid the due on sale clause, for those of you that don't know, this is when you roll the title...
Ken Weiner
Anderson Business Advisors
I'm interested in talking to anyone that has hired Anderson Business Advisors for help with asset protection strategies. This is the firm founded by author Clint Coons who wrote Asset Protection for Real Estate Inves...
Ryan Dossey
What is your typical wait time at your Title Co?
How long are you guys having to wait to complete all cash/as is closings at your title co? It seems like the one we have been using is getting SLOWER and SLOWER. I sent them contracts on a deal this morning and said t...
Antonio Esquivel
Purchasing residential property using an LLC
Here is a subject I am not understanding very well and maybe someone can help me out.I currently have one rental house that is under my name, but I plan to make an LLC and transfer title. I understand that the mortgag...