Corey Duran
Can I have multiple LLCs operating out of one bank account?
With the help of an attorney and some responses here, I have come up with the game plan to have a business structure as follows:Trust (Top ownership that owns the management company)Management Company LLC (first actua...
Delin W.
Owner as Property Manager... LLC for negligence liability?
Hi all:
I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.
My remaining c...
Ryan S.
Why are LLC's so complicated can someone tell me what I need?
I just finished my first rehab house, and I am about to put it on the market in oak forest IL. I will be doing many more flips and want to know if I need an LLC or an C corp? Dont really know where to start on this ...
Rob K.
Emergency food at Costco
I was at Costco today and saw that they sell tubs of emergency food. They have a tub that claims it will feed four people for 72 hours for $57.99 and will last 20 years. The other one claims it will feed one person fo...
Mohammad Foro
Can a c-corp assume all liability without property title?
I am looking to setup a c-corp to collect rent on my multifamily unit. The catch is, I dont want to put the title of the property in my c-corp's name - I want it to remain under my personal name.
Can I use th...
Minna Reid
The best of times..to the worst of times...
So I started out well enough...life was good after I entered investing. I sold a couple properties, cashed out ready to move on up to the next. Don't know how my little world came crumbling down, but it did. I got hit...
Daniel Levine
cash out Refinancing problems with LLC
I am struggling to refinance my triplex because it is in an llc. I own the triplex out right and believe it will appraise around 230,000. It rents for 2275.00 and the NOI is around 1100.00 per month. I'm looking for 1...
Devin Bobulski
Risks by second lien when first lien has foreclosed on home
Thanks in advance for the advice.
There's a home that is close to my primary residence in Wisconsin where Wells Fargo has foreclosed on the first lien. The sheriff's sale has been delayed over the past 6 months and l...
Stanley Yang
How to transfer property title from two-member LLC to ourselves?
My fiancee and I own a rental investment property under our LLC (structured as partnership; 50%-50%). The property was bought with cash in August of this year, and it's in San Bernardino county, California. We just ...
Keith N.
Lender who can do 100% LTV Home equity Loan on Primary Residence?
Hi,I am new investor who owns both a duplex, and the current Single-Family home I live in myself. I put 3.5% down FHA on the duplex 1.5 years ago, and bought my primary 6 months ago with 5% down conventional. I live...