Brian Plajer
One LLC or an LLC per property?
Hello, My wife and I have three condo's in Charlotte, NC. We have them all under one LLC equal partners (25% each) with my brother-in -law and his wife. We just set up the LLC last year (properties purchased within t...
Rodrigo Serzedello
Home owners insurance X Rental Ins or Umbrella policy?
Hello everyone!I've started building my portfolio this year and currently I have 3 properties in Cincinatti area with prices ranging around 65k each.All of the properties are in my name and now I need to decide my ins...
Nikki Drahm
Second opinion on possible rental property
I am considering purchasing a 94,000 rental property that will need approximately 15,000 in repairs to be ready for a tenant. I plan to finance this property - 20% down , 30 year at 5.25 % . https://www.zillow.com/hom...
Vee L.
Separate entities to manage vacation rentals?
I'm in Houston, TX. I have a few Short-term vacation rentals that owned by an LLC. I have been managing them in this existing LLC. I plan on scaling up and adding a few more of these. Should I create a property manage...
Account Closed
Asbestos Testing Question
I just started my first major flip in Philadelphia, PA. I am trying to get some advice on what's the best way to handle asbestos testing on a full interior gut. Asbestos...I know...shriekkkkk. Anyways, please don't ov...
Quintin Green
I created an LLC, now what?
Hey Yall, so Im a new investor in South Jersey and I just created an LLC through the government website and I have my EIN number. What are the next steps i Need to take so Im not taxed as a sole proprietor and that I ...
Daniel Dem
Have I been quoted too much for 2023 on Windows? ($27-$37k)
I had 3 estimates done from what looked like the best rated window guys I could find on Google Maps (I don't know where to get any references).They all quoted me between $26k and $37k for 10 1st floor windows and 8 ti...
Cade Schacher
Holding company, and LLC vs Incorporated
Hello all!,I am brand new to real estate investing and eager to get started but first want to make sure my business is set up correctly not just for one deal, but will be prepared for growth and if necessary protectio...
Kimmy G.
Bought an apartment building in Opportunity Zone
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
Urvashi Vasishtha
Five Red Flags When Buying a Home “As Is"
I came across many such "as-is" listings over the past week but couldn't find answers to the red flags. So, I did some research and put down afew important details. Let me know if there are other red flags as well. Yo...