Kumar R.
EIN for property LLC under Umbrella LLC
Hi,I wanted to check how this entity structure works. If there is manager-managed umbrella LLC and have property LLC with member as umbrella LLC. Can we get EIN for property LLC using name, address and EIN of umbrella...
Robert Diaz
Business vs Personal Financing
Hello BP Community,
I'm a newbie here and have been reading a lot and listening to a bunch of podcasts. I would like to form a LLC or S Corp to start investing some of my capital. However, I remember reading somewh...
Jason Peters
Depressing News
I'm about a week away from forming an LLC for the purpose of flipping when I just got off the phone with the Vice President of a prominent bank in my area.
Apparently she received numerous communi...
Oscar Rayo
How to use Zelle for rent payments. Young Millenials love it.
Hello all from Tucson Arizona.I am a Landlord and one of my biggest issue is finding ways to make sure my tenants pay rent on time and without fees.As of the time of this post Zellepay through Wells Fargo is without f...
Ken Yee
How to finance company owned real estate?
I decided to invest in real estate and formed a company to do so. We have bought a few SFR with cash and rehabbed them and placed tenants in them. The properties are paid off and generating stable income. I wanted to ...
Carolina Pisani
LLC will own the property, what kind of morgage and terms will I be able to get
Good afternoon,I have a rental property that is paid off. It is in the name of a LLC. I would like to get a first mortgage on the property. Can someone please give me a referral to a personal financial broker that ...
Amanda T.
How to buy a property with a new LLC
Hi all
I'm new to investing in real estate and I have a question I was hoping the seasoned investors can answer for me!
1. How can I purchase a property through a new LLC?
My goal is to buy and ho...
Moncy Samuel
Tenant scamming the system
I want to share our recent land lording experience.
Me and my partner acquired a quadplex and have decided to manage the tenants. For one of the empty unit, we have screened the tenant (background check came with no ...
James Stewart
Solo 401K checkbook - Local bank vs Fidelity brokerage
I'm in the process of rolling over my existing 401k from an old employer into a new solo 401k through sense financial. The solo 401k trust is paid for and created but I need to complete the rollover. I have the option...
Frank C.
newbie LLC and asset protection questions
I plan to buy my first rental property in a few months. I have money saved up. I have met with several bankers. I am learning to analyze deals. I am about to contact a real estate lawyer to set up an LLC and obtain...