As I understand an LLC provides a convenient asset protection and security.I currently own a multi-family in my name.I am wondering if it makes sense to transfer the property to an LLC.Thanks
Hi all, I have been pouring through BP and many various other resources for about a year now in order to try my hand at wholesaling, and eventually rehabbing; I'm finally reached the point of action, but still have ma...
Hi friends at Bigger Pockets,
My name is Jose, and I am a resident of Oahu, Hawaii, born and raised. I love our land and the culture of aloha we have here. I am an engineer by trade and am married to an awesome wife ...
Guys, as per new Tax rules, does it make sense for an average joe with 2-3 single family homes for say 850k-2M in total to get an LLC registered and have the homes transferred under them? https://www.biggerpockets.com...
Hello so here's what I'm (a general contractor) working with:The Deal:
$20,001 for the purchase of City of 100,000+ residents / majority low income but plenty of opportunity including financing the construction from ...
A week or two ago there was a discussion regarding the 50% rule based on this "positive cash flow" article by John T Reed (actually Reed uses 45%, but that's neither here nor there for my question).In the article Reed...
Well its happened. Property Coin is tokenizing fix and flip CA residential. The new coin offering starts in a few days at $50 a pop. They plan on raising 50 million to start up and splitting fix and flip profits 50/50...
Hello,My fatherinlaw lost his house about 5 years ago to forcosure. He has been renting ever since. I was talking to him today and he said he will never buy again because he has been burned. He's living month to month...
BP community,I'm considering renting my primary residence which is due for a refi. Conservatively it's worth $300,000 and I'm going to refi into a 30yr fixed for 150k (actually slightly less but rounding up for easy ...
I am relocating to another state and plan to sell my rental units. Do you think it makes more sense to sell the properties as a bundle or each house individually?