Sadio C.
C Corp. LLC, LLLP
Hello,I am strongly committed to buy my first investing property by end of May in Philadelphia area.I would like to know what should be my very very first step. Should open an C Corp, LLC, LLLP, etc.? Before I make an...
Leen Sha
Can single member LLC protect your primary residence?
A friend of mine have real estate in WA state which is our primary residence ..she owns this property free and clear ..no mortgage She does not have any other property. She is single.I heard that one can create single...
Jeremy Sharp
Home Warranty for house with A/C and Furnaces near end of life
Hey everyone,I am currently in a negotiation stalemate on a property after inspection. I am looking at different options to eliminate some of the repair expense for both parties to move forward. One option is a home w...
Jorgen Salveson
Seeking help in setting up seller finance / contract for deed
My parents helped me to win a bid on a house by purchasing it all cash in their names. We want to smoothly and efficiently transfer the property over to me via seller financing where my parents will act as the bank an...
Tony C.
Which flooring should I do
Hey guys I recently bought a multi family and I’m going back and forth on which flooring to put down. It currently has hardwoods but they’re shit and thin and I don’t want to refinish them a lot of pieces are chipped ...
Raymond Hill
S Corp LLC (Timing, LLC with and without)
Hello Everyone.My business partners and I wanted to know when is the best time to form the S-Corp in terms of if we should find the rehab deal first then form the S-Corp or should we form it now. In addition, whether ...
Sean Buruschkin
First rental property! Any additional insurance needed?
I own a condominium in the Olde Kensington neighborhood of Philadelphia, PA. The insurance policy I have on it is the HO6 policy. This will be my first rental and want to make sure I've got all of my insurance in plac...
Bruce Froman
LLC sales gimmick?? Thoughts...
I just listened in on REIClub's Al Aiello's "LLC Master Machine Asset Protection" System webinar, He has set up a 121 page LLC contract to keep members 100% private and protected from basically everything and everyone...
Jered Noland
To form a LLC or wait?
We have reached out to a couple of local investors and we are getting mixed thoughts. One investor suggested to form a LLC and buy properties through a business. They said it would protect us if things go wrong. The o...
Andre Brasser
Contractor Overages
Hi All,Where is the line between an overage the investor is responsible for vs the contractor. The house is a full gut job and was assumed that nothing would be usable or salvageable. One line item in the scope of wor...