Chris M.
Questions about putting property into an LLC for asset protection
Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its re...
Kenny Breeze
Insurance For Seller Financed Deal?
Hey everyone,I want my buyer to get insurance on this deal, but I'm not sure what type of insurance they have to apply for. I've read that mortgage insurances are only available for institutional lenders and I haven't...
Mark Doty
Insurance: what to learn/read for small apartments?
Hey BP community,As I’m learning to purchase and own apartments, where should the topic of insurance be in the pecking order? If I’m looking for a 4 plex (residential) or 6-plex (commercial) apartment building, what ...
Damir Kamber
Transferring current properties into an entity
Hello BP world,By continuing my education process, I will also continue with questions since everyone has been amazing and helpful so far. I currently have 2 rental properties and wanted to throw some legal questions ...
Peter Mckernan
LLC
Hey everyone,
I have a house that I bought last year for a buy and hold investment, and I'm going to purchase one this year with the same investment goal in mind. I was looking into when I should establish a ...
Doug Haisten
As a Wholesalere do I need to form an LLC
I have been debating forming an LLC for my real estate work but was wondering, since I am not actually buying the property, what advantages or protections having a LLC would provide.
Also I was looking at Leg...
Don K.
SDIRA rental liability protection
[b]Hi, I'm new to the website and have read a number of posts and am in the process of learning about SDIRA's. I'm planning to invest in rental properties through my SDIRA and am curious about liability protection fo...
Joe R.
Rental property as LLC or personal with Umbrella insurance?
Do you recommend purchasing & operating under an LLC or purchasing under my personal name with added umbrella insurance?
Norman Berman
Do I need an attorney to set up an OOS LLC?
Hi folks,Working on getting my holding LLC off the ground. I'm going to set up my LLC in Wyoming (even though I live in California and properties will be located in other states, Wyoming has very favorable LLC laws).I...
Tony T.
Do I have to set up an LLC?
If the purpose of an LLC is to protect my personal assets, can I forgo setting up an LLC and instead purchase personal liability insurance? Does anyone know the pros and cons of doing each? I honestly a little intimid...