My family and I are wondering what exactly the etiquette is when working with an agent and trying to find an off market deal. Should I be reaching out to current owners to find out if they are willing to sell their pr...
LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...
The deal is I am buying my parents house with mother in law suite to live in and rent out the 1300 sq ft mother in law suite. It is a big purchase to me so just want input. It is in an A class neighborhood (18966) wit...
Is filing an ejectment lawsuit something that can be done without a lawyer?
Here’s the background:My parents inherited a property on Cape Cod when my Grandfather died. It is a great property for short term rental. The property is paid off and worth ~600k. The property is in a Life Estate Trus...
Question to current Home Owners,
Has anyone put their home into an LLC or other kind of entity for asset protection or
tax benefits ??
I just bought a single family home and was wondering if i should put it i...
I’ve mentioned over the past few years to be careful how you pump and promote short term rentals to people in search of real estate. As I said before, when people take loses, they file lawsuits at anyone associated.Di...
Hi everyone! Thank you for taking the time to read my post. I am a newbie here at BP and I am constantly amazed at the wealth of info floating around these forums. Thank you!
So here is the scenario:
I ...
Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...
Hello! I own a small 12 unit complex in Chandler, AZ. Our LLC name is very similar to another AZ LLC. We received Summons for a Lawsuit incorrectly naming us as one of the defendants due to our similar LLC name. Does ...