Iris Hou
Do I need to hire a lawyer?
I'm a newbie from CA trying to invest in my first rental property in TX or some other states with healthy RE market (good cash flow and landlord friendly). After doing a lot of research, I heard a lot of different opi...
Keith Meyer
Proper Configuration for Series LLC with Land Trust
BP Nation,I'm looking for some help on how to properly configure a Series LLC for asset protection with Land Trusts for anonymity. My understanding is that this is the best modern method for holding a portfolio of inv...
Andrew Pappas
LLCs, asset protection, and taxes for rental properties
I've read a lot about the asset protection plan of buying a property in your personal name with conventional financing, then quit claim the property into their LLC. My property manager told me he's seen people do thi...
Louis Louisius
LLC or purchase as individual with spouse for first property
Hi, I'm looking to purchase my first property with my spouse. I'm not sure which option would be best. Do we start an LLC to get the loan or do we just apply for it as individuals like a regular mortgage loan. this wi...
Anna M.
PUTTING YOUR REAL ESTATE IN A TRUST ACCOUNT
SCENARIO: 1. Every property gets its own trust and ideally it’s own LLC - check! (Got that) 2. Give the trust a unique name that does not bring it back to me (Anna) and give it a P.O. Box address - 🤔Question?☝️ Won’t ...
Aaron Wilkins
Best way to become landlord without an LLC
I don't want to get stuck in the need to start X before I really get things moving. Curious to whom became a landlord without an LLC. I have a plan working with a friend who owns an insurance company to guide me on a ...
Jocelyn Evans
To Inc. or not to Inc.??
Hey BP fam!I am putting together my business plan and trying to determine how I am going to hold my properties.Is it better to have them tied to a Trust, LLC, or Inc. ? I was going through the forum this morning as I ...
David Yacubovich
First rental property questions
Hello BP community!We finally decided that we want to try to buy our first rental property. And with that decision came a lot of questions and anxiety. I tried to research as best as i can the forum and all the availa...
Sharron StJohn
How to explain your LLC is a broker without blowing anonymity??
I wrote this in the CA-RPA Section 6:1. Buyer has affiliation with licensed real estate brokers/agents in multiple states including California. 2. The buyeris an investor and intends to utilize any and all investment ...
Scott R.
Happy Friday- I have a Q about using LLC's for anonymity
I've got a rental property in my name. If I quit claim the deed to my Ga LLC (which is owned by a WY LLC w/ a paid-for nominee), would this keep my name out of the public? Further, would an attorney be able to drudge ...