I purchase multi family property 2-4 units and hold four properties in each llc... I am thinking for asset protection to establish one llc for each property but doing that is going to cost me a lot in yearly state fe...
I have my portfolio setup in a fairly complex, but prudent way. I have a main LLC, which is a c-Corp. It controls the financial reserves, expenses and payroll. Each property is in it's own LLC owned by the main LLC...
Hey guys,Does anyone have any recommendations for a Lawyer that can set up an entity (LLC, trust, S-Corp ect.) here in the Denver Area. Looking for one that is preferably a REI him/her self.
I made a post a couple of weeks ago that was immediately removed by the moderators. I am okay with it because I was a bit hot under the collar when I wrote it and was being pushed by a friend (aaahhh peer pressure!)....
I'm currently negotiating for a home purchase with Convention loan. Under financing addendum, there is a 'Sellers Right to Terminate'. 'Appraisal less than sales price.' Buyers waiver of the financing contingency u...
My contractor offered me a partnership on his next house flip, what can i do to protect the money i will invest?
Because asset protection is a high priority for me I've kept everything I've done until now in an llc. However I've been thinking about financing, and the very cheap and long term fannie/freddie loans are enticing. To...
Hi BP, I have been diving deep into the BRRRRR strategy the last few months. And there is one part that I want to be clear on. If you could help me clarify it I would greatly appreciate it! When finding a private lend...
Please let me know what you have learned over the years about putting specific items in your least to protect you as a landlord. My realtor has only been doing this a couple years and doesn't have much experience with...
I met with a seller today who said he'd heard of a law that just came out within the last couple of weeks, that protects tenants (from being evicted) when the owner is collecting rent without paying the mortgage.
Now...