I live in California and own a few properties in the midwest, and I have heard not-so-great things about using LLCs for small-time investors (i own mostly SFHs and townhomes), like it's more difficult to get a loan to...
Live in California and have 2 rental properties in Cleveland with a total value of 150K at most, is creating an LLC for each property a viable option for asset protection?
Dear Bigger Pockets Members,
I have already bought my primary SFH (for living) with traditional bank mortgage. I am looking buy an investment SFH with traditional bank mortgage again on personal credit. I want to re...
Howdy,I am Brighten Miller and I recently retired from the Air Force and ended up in Chattanooga to be closer to family here in Tennassee, and North and South Carolina.I currently own four rental properties (purchased...
Researching various sites (including many posts/forms in BP), books, etc. I have tried creating a blue print for asset protection (see the image). Does it make sense? Did I do something incorrectly? Is it an overkill?...
Hello everyone! I'm about to close on my first flip but due to the quick turn around, the work that needs to be done to the property, the property's ARV, and the fact that no one will occupy the premises, I've had a h...
I am looking to get started in Real Estate investing and was trying to obtain an LLC but I don't know which state to apply for one. I live in Indiana (on the border of Ohio) and am looking to buy property in Ohio. I w...
So I have been looking at properties on RedFin for about 2 years. I have no real estate experience. But I am close to 100K saved up.
I notice that in poor/rough neighborhoods, like the West side of Chicago, propertie...
I've always wondered who can legally get sued if a couple owns a rental property and an incident such as a slip and fall or dog bite occurs at the property. Let assumes the couple had no insurance coverage, no umbrell...
Hey, I've decided to take a different angle to enter the real estate market. Becoming an agent will solve several problems I faced as a wholesaler. Plus, I'm migrating to real estate from being a full-time Software en...