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Results (2040)
Sam Mathew Legal - LLC vs Trust vs Personal Umbrella Coverage
27 September 2022 | 13 replies

Hello Bigger Pocket Members, I request your advice from experienced folks. I live in Florida but I have 12  rentals up in Michigan. They are all currently in my personal name.I was considering putting even a $2M umbre...

Jose N. High maintenance costs.
10 August 2024 | 11 replies

What are the options to help mitigate maintenance costs. These vintage Detroit homes are lovely but they sure are higher maintenance due to their age. Service warranties? A recommend contractor? Any experienced advice...

Brandon Handel Is it stupid to have my name in my LLC?
6 August 2018 | 36 replies

My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...

Chris G. Roofing Leak and Tenants Unhappy
29 March 2022 | 29 replies

Hey everyone, I manage a large home that's roughly 4500 sqft and the tenants just moved in last month. The owner lives in a different country so it's quit difficult to reach him on moments notice. We've had a lot of r...

Account Closed Am I being too paranoid? (LLC structure & insurance)
30 January 2014 | 9 replies

Let me preface this by saying my ultimate goal is asset protection- that is my #1 priority. Now, moving forward I have an umbrella insurance policy, and will be opening an LLC for my current rental property. At ...

Account Closed Roof Leaks Repair Options - Tarp vs Tar or ??
19 July 2021 | 13 replies

Hi I have a roof leak on an older rental with a shingle roof. I'm considering some options for repair rather than replace the whole roof. There was a section of the ceiling in the home where we replaced the drywall be...

Kulin Dakwala Asset protection and umbrella policy
21 June 2019 | 10 replies

Hello BP Community,I am at New Jersey and kind of a beginner to RE investment world. So far I do have one SFR that's located at Michigan. I am exploring various asset protection options to protect my personal assets a...

Carlos C. Location of your LLC
10 October 2019 | 9 replies

One general question... Why is preferred or suggested to form the LLC that owns the RE rental property in the same state where the RE is located? 

David M. Best Vinyl Plank Flooring Value
13 February 2017 | 16 replies

Replacing the nasty carpet in my C-D neighborhood 3 BR, 2 BA single-family house. Rents for $675, and we got into it for $20k, so I'm not looking for luxury vinyl flooring. I do, however, want something that will be ...

Derrick E. Need Help: Should I start an LLC?
29 December 2017 | 8 replies

Yes, I used the search feature and read countless posts from previous people asking similar questions, but nothing that related to my situation.On Tuesday I will be closing on my 5th house. All are owned 100% free and...