![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2263885/small_1632824461-avatar-robinb97.jpg?twic=v1/output=image&v=2)
What is everyone preference regarding having the option to own a handful of properties out right verses having a much larger portfolio with the debt that comes with it? Or do some people opt for a mix of both?I assume...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/125441/small_1621418021-avatar-johnpk.jpg?twic=v1/output=image&v=2)
I see other posts out there about software for rental properties. I can't seem to find any good solution that is designed more for a small portfolio rental property owner, and not for a property management company...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/195473/small_1694680600-avatar-mikedmcguire.jpg?twic=v1/output=image&v=2)
My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property. I have just one property currently, but I plan to purchase a...
![](https://bpimg-biggerpockets.twic.pics/no_overlay/assets/uploader_default_urls/4_news_item.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg-biggerpockets.twic.pics/no_overlay/assets/uploader_default_urls/5_news_item.jpg?twic=v1/output=image/cover=625x330)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/99809/small_1694668193-avatar-ronnyanna.jpg?twic=v1/output=image&v=2)
We signed up for way more renovations than we thought.
Our total is 60K so far in repairs, 75K on credit card with 15K in cash in bank account (borrowed from credit cards.) The first unit is not rentable yet, alth...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1319229/small_1621511291-avatar-stacyg23.jpg?twic=v1/output=image&v=2)
We are new investors and asset protection is important to us so we are looking to form LLCs for our rentals. We met with a lawyer recommending a series LLC which sounds great but they had a hefty price tag associated ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1333994/small_1708826503-avatar-phillips75.jpg?twic=v1/output=image&v=2)
This has happened twice now in a span of less than 6 months. The property is a duplex with a tenant living in the upstairs unit and the downstairs unit is presently vacant. The upstairs tenant overflowed the tub (ag...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/825159/small_1621499271-avatar-michaelpaz.jpg?twic=v1/output=image&v=2)
I understand why many people set up an LLC for their investment properties, but my question is simple: "Is it worth it?" I've asked several investors and they always say I MUST set up an LLC to protect myself from get...
I have been at this for a solid year with no success. I sink $850 per month in direct mail campaigns. I drive for dollars every weekend. I have great investors, but nothing to give them. What am I missing?I've bee...