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Ok so I am looking to purchase property out of state. Currently I live in Texas but would like to open an LLC and purchase property in VA. How does this work? With my other two companies I have a series series set up...
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Hey fellow BP members,I'm looking at a potential deal and wanted to get some feedback. The property is a 5-bed, 2.5-bath 3800sqft home with a separate area in the back where a woman runs her daycare business. There's ...
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Hi, can anyone recommend where I can find a template for a midterm rental arbitrage agreement? Appreciate it!
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Hi - I'm evaluating a 200+ unit senior living facility that has an assisted living component covering 25% of the units. On standard market rate properties I typically figure that you need 1 full-time manager, and 1 ma...
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Hello friends,I have decided that I am going to start an LLC to hold my 'buy and hold' real estate. However, going through the steps via LegalZoom, there are a plethora of 'options' and 'add ons' that I am not sure th...
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Hi BP!My partner and I are within a week or two of opening an LLC in the state of MA. We are going to apply for a small business loan to open the LLC and for any additional start-up costs. Based on your experience, ho...
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Hello, So I have recently purchase my first SF, and I am considering forming an LLC. From doing some basic research, it says that in order to obtain a LLC, I first need to register with the IRS and get an EIN number, ...
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I am looking for an advice on the best way to form an LLC in WA state. Along with my partner, I will be starting LLC for the first time in WA state. What's the best way to do this? I looked at a few online websites, w...
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I own a few properties (SFR, duplexes) in various states: CA (2 multis), FL (2 multis), TN (1 SFR). All are sole-proprietorship. Some are paid off, others have mortgages.1: How would you structure these in LLCs (I kn...
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how do you determine if a home was used as a meth lab?