Steven May
Putting Properties form personal name to LLC
As I move into 2021, I plan to put my properties in LLCs - they are currently in my personal name. Yes, I know to get in touch with a local attorney based in real estate law - I plan to do so to help set up the LLCs b...
Matt Millard
Is a self directed IRA even worth it?
Even with using the lowest cost IRA provider out there the fee for 4 separate accounts is over $600 annually assuming my wife & I open a Roth & traditional each. If I put this in one of my best investments th...
Stephan Garcia
Short Term Rental Specific Insurance Policies
Hello AllWe are in the process of acquiring properties for use as STRs. When it comes to insuring the properties, I had been doing some research trying to understand the types of insurance these types of properties sh...
Amanda Lindsay
Need creative ideas for a loan
Hello, I recently started a property management company and currently manage around 80 properties. I also have a rental property that is paid off and in my name. I would like some capital to fund my bank account and p...
Troy P.
CPA Suggested Using 2 LLCs
Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...
Ben D.
Liability Protection - LLC? Umbrella Policy?
Hello BP forum -
I'd love to hear how other landlords approach asset protection as it relates to your rental properties. Is it recommended to place ownership of all rental property into a Series LLC? Or is an umbrel...
Seth Schmidtmann
Short Term Rental Insurance in Florida
We are in the process of purchasing a short term rental property in Florida, and we are gathering quotes from different insurance companies. We're looking for any information on a Company called Proper. Can anyone tel...
Cindy Joseph
First Duplex- s/c corp vs Llc? Any other advice?
I am about to purchase my first home/investment property. It’s a duplex and I will live in one side and rent out the other. I’m using a bank loan (10/6 arm).
I’m wondering if I should use a s or c corp or an Llc for...
Grant H.
First multi family property
I am looking into a duplex in a major city in Texas that is listed for ~$300k and has total gross income of $3,100/month (so it meets the 1% rule). Tenants pay their own utilities, except owner covers water. Plan is t...
Bob Anthes
Life insurance thoughts
Here is a question for all buy and hold investors specifically. How do you feel about life insurance? Do you have large policies ($1M plus) or are your investment properties your form of life insurance if something h...