This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...
I'm thinking of buying this place and updating the kitchens and appliances to increase the cash flow. It is a duplex with 5 bedrooms 2.5 baths on one side and 3 bedrooms 1.5 baths on the other with a 1 bedroom suite i...
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Sorry for firing off another post so soon, but I'm getting great advice and extremely happy I just found this forum.
I created my LLC. Now what is needed to get my rental property to fall under this LLC and not just ...
One popular question on BP is the question of "should I file for a LLC" or "Do I need one?"I definitely do not have that answer because everyones intentions, needs, and goals are different. But... I decided to file f...
Is everyone else finding that loan officers are completely unresponsive and unprofessional? I own 8 SFRs, and am looking to refinance several of them either to pull out some equity or to lower interest rates. These ar...
Economic Update
(Monday, October 26, 2020)
Being connected with others has been crucial throughout this Pandemic. After all, as the rallying cry reminded everyone last spring, “We’re all in this together.” From ...
There are so many discussions on here about the most appropriate asset protection strategies for various situations. Umbrella policies, LLCs, holding LLCs, land trusts, etc. People debate whether someone else can si...