Hey everyone! Hope you all are doing well. My wife and I just moved out of our primary residence (held in our individual names). We are now going to rent the property at out as a traditional rental. I know an LLC is i...
Hi everyone,I'm considering being a passive investor in a Syndication deal. The deal makes sense to me, I understand how the syndicator will be adding value to the property, and he seems like a friendly and knowledgea...
Hi BP!I'm hoping you can help me with this scenario. I'm planning to purchase a single family STR with a partner and there are a few things we are hoping to achieve.What we want to do: -Finance using 10% down seco...
Anyone with Air Bnb arbitrage experience. When starting out did you create an LLC?If so, I am assuming one LLC is enough to cover as many units that you scale to.I read an article that said opening up a separate LLC f...
Hi team, I purchased my home in 2018 and it will soon be my first rental property. I would like to manage my property and future investment properties under an LLC. I've looked into different websites such as Zenbusin...
I am a beginner and in the process of creating my business plan. When creating an LLC, will I need to create an individual LLC for each rental property? (I do not currently have rental property, but am getting my duck...
Question about bank accounts. Do you guys keep security deposit in a separate bank account and if so what kind? CD, money market account or just plain bank account? Also for rent, do you open a different bank account ...
Somebody in my network has been successful as a flipper. I have liquid capital I'd like to diversify away from stocks and into RE. We've already agreed on rates, and I'm going to ensure all the paperwork protects me j...
Hi,
I was on the forums a bit a couple years ago. My fiance and I were looking to invest in one REO and rent it out. A lot has changed since then, for one, my fiance died.
Before he died I found a PML t...
Hello BP,My partners and I are equal owners in an LLC that we intend to use for real estate investing and we're thinking of creative ways of financing a property. An idea we had was to seek out a portfolio loan from a...