Kellen Driscoll
Tampa, FL - 4 Plex Buy and Hold LLC Question
Hey BP,I have a situation where I need hard money in order to close quickly on 2 duplexes. I want to live in one unit but my hard money lender will only lend to an LLC. My thoughts are to create an LLC and buy the pro...
Tony Zhang
is it too late to set up LLC when it's under contract?
Is it too late to set up LLC when it's under contract?
I have a property currently under contract will closed within 20-30 days. I've heard a lot of good thing of setting up a LLC to protect my asset. I also heard th...
Zachary Deal
Mid-Term Rentals Article and Trends
Hi all,
I recently came across this article regarding Mid-Term rentals that I thought would be helpful to share here. It highlights a lot of the reoccurring themes that come up in this channel. One very interesting...
N/A N/A
Renting: LLC or No LLC
I would like to start off by saying I'm glad I found this forum. Now my question. I am in the process of becoming a real estate investor but at the moment my wife and I want to rent out a condo she owns. We just go...
Ryan Luby
50/50 Partnership Structure from top to bottom
Looking for anyone to share experiences based on how they set-up and run their own partnership business.I know how I would like the business to run, but I of course get confused with the legal & accounting implica...
Chris Lawson
Venting stove on kitchen peninsula
Hi All! I'm looking for advice on how to vent (or not to vent) an electric stove on a kitchen peninsula in a class B rental. Ideally we'd like to leave the peninsula completely open with a eat in bar behind the stove....
Sharon Beatty
How do you accept rent if self-managing apartment?
This is a newbie question - what service do you use to accept rent money when you're managing the property yourself? We're using a property manager right now for the basement apartment we just created in our house. It...
Eugene G.
How to cash out refi a house new single family home purchase
Buying a single family home with a private interest only loan (no lien recordings). No prepay penalties.The goal is to quickly purchase the home that I believe is greatly undervalued with cash from the loan, then in ...
Laura R.
First Time Investor Purchase - Land Trust & LLC Formation
Hello, I'm under contract on my first rental property located in Buffalo, NY. The property will be financed with a mortgage in my personal name. My understanding is that I will need to take title in my personal name t...
Shaun R.
Business entity for one rental?
As I'm closing in on my first rental property, it occurred to me that any rent checks are going to be written out to my name since I'm managing the property. I haven't been in any hurry to set up a business entity si...