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hi all, I am new to real estate investing and recently bought my first property a few months ago and got it rented out! I am thinking about the future and how I will purchase properties in the future. I often hear you...
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Basic point of the meeting is what my best route to go to protect myself once I start rehabbing. LLC, S Corp, etc etc...
Any reccomendations on questions I should ask?
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Hello BiggerPocket Community,
I know this question has probably been asked before, but after searching the forums, I couldn’t find a clear answer. My wife and I are starting our journey with our first STR and I wan...
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Hi Guys, what is the best for liability insurance when you own rentals properties?Is it to have each property under an LLC or having a 1 or 2 million dollars umbrella liability ?Please let me know your thoughts, i wou...
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Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...
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I keep seeing posts about "you should be careful" and "you can get in a lot of trouble" for working with homeowners in foreclosure.I hear people say "some states have laws" to protect homeowners in foreclosure, and "E...
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I am looking to potentially invest money with a developer, and I wanted to know how private lenders/hard money lenders protect their investment as much as possible? By "protect" I mean, not just give money to someone ...
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Hello , I own 4 single family rentals in Phoenix AZ and live in California.2 homes are held in an LLC , the other 2 in my name. I want to have a balance of legal protection, tax savings, and minimize the costs of s...
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Hi,As the title says, I am wondering whether I should form a LLC company to protect my investment or use Umbrella Insurance. Here is my situation: we have W-2 work as our main income source and 1 primary home and 5 in...
Hi RE, I plan on renting and managing two properties this year. One of the homes is alreay paid off, and I plan on cashing out refi into the second home.It's now time to separate finances. I've decided to go with the...