Marisa Alvarez
LLCs in Wyoming for Asset Protection
I have been offered ( by a CPA and Legal Buffet ) a reestructuring of my business with LLCs in Wyoming as they apparently offer the best asset protection as you can have a Nominee manager The scheme sounded great but ...
Libby Wolfe
Help - Can I buy a house anonymously for wholesale/rehab?
I wanted to see if anyone has bought a house for flip/wholesale without the seller knowing it was them personally. I was thinking of either calling/mailing to see if they'd take an offer, I'd just need to make sure s...
Garrett M.
Legal lease signed by manager? Owner wants to remain anonymous
Hello BP friends! I need to write a legally binding lease for a single-family property I'm going to be managing for a friend who doesn't want to be named on the lease. I manage my own small portfolio of rentals and I ...
Wojciech Grajewski
My Property is in an LLC
Hello,I own a house in Long Island NY that I paid off in full last year. I want to put the house in an LLC to keep it separate from me but I'm worried since the LLC is brand new I won't be able to pull money out ...? ...
Karac Davis
Liability and insurance on first rental
Townhouse in my name. Mortgage with the bank is 2.75 percent in my personal name. 28 years left. Deed is in my name. Bank won’t let me change the mortgage to an llc, said I have to pay it off and refinance with a comm...
Gabriel Wheeler
Starting an LLC Online
Hey guys, new investor in Grand Rapids, Michigan looking for some advice. I think I want to start an llc to protect my investments, but I'm not sure what way to go. Should I just get one online? Is there something els...
Camille T.
Land Trust to LLC- Asset Protection
I found this article to be very thorough and helpful in understanding Land Trusts. https://andersonadvisors.com/wp-content/uploads/2014/03/Pros-and-Cons-of-Land-Trust.pdf
Account Closed
What are people thinking?
I get a lot of negative energy come back at me in the business world and specifically in the Real Estate world. I understand that the world is full of negative people and nothing is going to change that. What I do not...
Greg W.
Individual LLCs and/or Holding Company?
If you have one property, you put it into an LLC, get an EIN and a business checking account for it and run you income and expenses through it. No problem.Now say you have 35 properties and each are held in individual...
Quincy Baker
Trusts /Double Closings
Suggestions?When wholesaling what are some good ways to maintain anonymity while keeping your deal from falling apart? Any suggestions on double closing in escrow, or the use of trusts? Are buyers generally familiar a...