Hi everyone, I'm in the process of setting up my first LLC. My mom is lending me some money for my first rental. Would it be beneficial to have her as a member of the LLC, or should I just run it as a single member? W...
Hey Ladies and gents,
I have a bid in on my first prospective rental property. At what time is it necessary to form an LLC to protect my personal assests from liability? I know of people who put each property inder...
I refinanced my house and pulled out 30k in cash to invest. Originally I thought I'd be able to get two houses in a few areas I'm looking. But now I'm not so sure. I still have about 200k in equity in my house and cou...
Hi, what is the benefit of listing a property with the LLC, for example, I saw a home on Zillow that was purchased by someone using the street name ex: 2345 Anywhere Dr. LLC I also saw the business was formed when the...
I'm taking steps to buy my first rental property and I'm wondering if forming an LLC is worth it considering everything that I'd be protecting under the company would be protected with a good insurance policy. Acciden...
I’ve never used a private lender or partnered with anyone. We have used cash and a commercial loan so far. This time we would like to see about a private lender if that were possible but I have no idea how to even sta...
At what point as a rental property investor do you consider becoming an LLC? When does it provide more benefit?
I just bought my first SFH and am closing on my second at the end of this month. Both are located in Toledo. I live in CA. Im trying to figure out what my real needs are for an LLC. My questions are:Anyone just us...
Hi, Bigger pockets family!
I will keep my questions short and sweet.
I am going to purchase my first out-of-state investment property and I want to know how should I structure my LLC. should I create an LLC in...
Hi. Does anyone have any suggestions on how to go about setting up an LCC for an out of state purchase? Should the LLC be set up and paid for in the state of the property the LLC will be buying? I live in MA and have ...