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Hi: Together, my wife and I own and manage three rental properties - a house, a condo and a duplex. We (belatedly) are in the process of forming an LLC, but we've heard competing advice. On one hand, we've heard that ...
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In my research I have noticed that a few investors will put their personal residence in their wife's name. Is the smart in terms of asset protection, does it provide an added benefit?
Also, lots of talk from people w...
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Hello! I am trying to figure out the best way to structure a partnership opportunity for one of my upcoming land development projects. I will be purchasing land, subdividing, and building 5 homes. I have a partner/inv...
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So here's the deal: My mother (the money) and I would like to buy some properties together, with any rent profits distributed unequally to us both (let's say 90/10 in favor of my mother), with the understanding that ...
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Hi, I opened an LLC and bought 1 house under its name 3 years ago, the house came with the tenant included. I don't need the LLC any more and would like to close it and transfer the house title to my personal name (th...
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My wife and I own a couple rentals, my partner and I own a few rentals as well. We are BRRRR ing our first property and I really like the strategy.
I’m curious how people here felt about pulling from retirement acc...
First post and need some advice. We purchased a fixer upper at auction and put it in under our LLC. We are currently making repairs and everything with our LLC business funds. Now, we have thought through some scena...
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In an article like this: https://www.biggerpockets.com/renewsblog/2014/03/1...The author says "Let’s say you structured the deal such that the investors get 75% of the building and you gave yourself 25% for putting t...
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Bigger Pockets LP investors and multifamily syndication professionals, I am curious to the parameters and investment criteria you all require and search for?
I am currently putting together a multifamily value add sy...
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Good Afternoon Everyone,If I have a property management company, do I have to give vendors a 1099 each time they perform work for me? What is your process for hiring out services such as Plumbing, HVAC, General Contra...