Lashan Wanigatunga
Managing rental property under an LLC
Hi Folks,I have an accepted offer for a rental property that I plan to purchase. I've read bigger pockets discussion threads and other articles on the pros and cons of using an LLC to manage rental properties. So for ...
Larry Flanagan
Land trust issue
I sold a house owned in a land trust. My LLC is the beneficiary and I am the trustee. The proceeds check is written to the 123 Main Street Trust. The trust does not have an EIN or bank account. I am having trouble...
Cole Davis
Background Checks without SS Number
A prospective tenant with (great credit / clean background) of ours has a roommate that is here on a work permit. He has a Tax ID number but no Social Security number. Our current tenant screening company can only sea...
Aaron T.
in search of Airbnb cleaners in COS
Does anyone have a company or persons they use for Airbnb, short term rental services in Colorado Springs? we are looking for reliable cleaners to clean a unit we are putting in service.
John Cummings
Should I Start a Business for My Rentals
I'm still about 6-12 months away from starting my search for my first rental property but I have some questions.
1. Should I establish a formal business, (LLC or other business type)
2. What business structuring wo...
Allen Kim
Landlord Insurance Suggestions
Looking for a new landlord insurance provider. I currently have policies with NREIG paying around $57 a month for $120k in property coverage per side of a duplex in north Austin.Although the amount may seem minimal in...
John Burtle
Why llc vs umbrella policy for first rental ?
What are the pros of putting a property in a llc vs just getting a 1-2 million dollar umbrella policy to protect yourself?
I’m refinancing my home that I currently live in into a conventional loan. Once I buy another...
Scheherazarde Roddie
STR Your Primary Residence
Hi Everyone, Looking to learn about your experiences with STR. Any investors doing a STR out of your primary residence? Did you use your LLC or apply for a permit using your personal information? Do you reserve dates ...
Mike Miller
Using a Business Name, Is my Legal Name Viewable to Public?
I know many people use a DBA/LLC name as an agent, I like the idea for privacy.However, what if someone looked up my license number on the state Real Estate website, like California Bureau of Real Estate, will it disp...
Jacob Wohlgemuth
Has anyone found success House Hacking in Chicago/suburbs?
I like the idea of house hacking/renting by the room for my first deal and was wondering if anyone on here has had success with it in Chicago or any surrounding suburbs. Im slightly worried that I'll have trouble find...