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I went to a REI seminar recently and heard some new info on how to set up LLC, S-CORP & TRUSTS. The guru was saying to have your llc under an s-Corp for multiple reasons. 1. It provides layers of liability protect...
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So from reading several posts regarding LLCs and REI, it seems pretty obvious that you don't need to, nor should you, start and invest using an LLC until you are much deeper into the game.
My question is this: If ...
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I purchased an investment home under my personal name as my LLC had not been established yet, now wanting to transfer to my LLC. My concern is exposing my anonymity and other property attached to my LLC since there wi...
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Got 2 reply from roofers, they found significant hail & wind damage to the roof which contains x2 layers of shingles and can not be repaired. So total roof replacement is needed , cost about $10000. Want to know...
Hey, guys
So, I've read multiple times to not hold all of your properties under one entity (LLC) because this places all of your properties at risk in the event that your entity is sued. Instead, a number of entities...
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Roof is not in great shape (hail damage), but is functioning fine and not leaking. Insurance will not cover a new roof since I bought it in this condition. Would you replace it now or try and squeeze a few more y...
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Do you require your tenants to have renters insurance? If so, why? If not, why not? What kind of market would you recommend it in? And what kind of policy do you require if you do?
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Hey, all,My name is Cody and I am an aspiring real estate investor from Bismarck,ND. I am not sure how to get started and I feel like I am having a lot of paralysis by analysis. I would like to use the BRRRR and STR s...
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Hi BP, outside the obvious benefits we enjoy as landlords/investors I find it extremely rewarding to help people in different situations by providing safe and viable housing options in a pricey and competitive market ...
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Although it's not an every deal situation, I'm trying to be prepared for when a double close is needed for a wholesale deal. As someone that doesn't have hundreds of thousands of dollars in liquid capital to purchase ...