Maybe I'm overly cautious or paranoid but that is a big concern. If it comes to evicting a tenant, or some other reason a tenant may have a grievance, I would feel much safer being some random Jane Doe. My first thoug...

Hi BP,I have done readings on LLC setup for rental properties. I am now confused as I kept seeing different ways people do things. I have consulted with 2 different CPAs before and they told me 2 different ways.We cur...

Hi, I have an FHA loan on our primary residence, and we have lived in the home for more than a year. We are moving and I want to rent our home out.What are things I NEED to make sure are completed before renting my ho...

Hello,My wife and I are currently looking into real estate investing to create passive income. We are looking at long-term rentals of multi-family homes. We plan on using the FHA loan for the first purchase in order t...

Hey BP, I'm prepping to make my first offer but I have a habit of wanting to check every detail which brings up a lot of questions. Should I have an LLC in place before closing my first deal? Thanks for the help! 

I understand the basic protections afforded by the LLC, using a separate LLC for each property in theory provides the best legal protection against other assets. However, having separate LLC for each property seems li...

Hello family I bought my first property under my name, should I switch it over to an LLC or keep it in my name along with future purchases? I've heard that doing this could cause problems with your mortgage and insura...

One of the main reasons of using LLC to buy properties is to limit the liability. I have heard investors buy each property under different LLC's to further limit the liability to just that property. I think umbrella p...

first thanks to bp for the boat load of knowledge, looking for advice or direction to a trusted professional on what steps i should take next. I am a ex carpenter who became disabled and currently live off of ssdi and...

Hi everyone, I'm in the process of setting up my first LLC. My mom is lending me some money for my first rental. Would it be beneficial to have her as a member of the LLC, or should I just run it as a single member? W...