Mike Lightcap
LLC set up for rental property and possible flips.
I was wondering if anyone could recommend how I should go about setting up an LLC for a rental property I have. I will also be purchasing more property to hold and also to flip.
My wife and I are doing this togeth...
Walker Howard
Florida LLC or series LLC??
I found some properties I am on the brink of investing in, in the state of Florida. My question, is it better to register my LLC there or another state that would better protect my assets. In the near future I also wi...
Justin B.
Entity? Needed or not
So I posted another topic on BP about how many SFR's in a LLC was too many. I was taken aback a little bit when the first 2 replies were that I didn't even need an LLC, just a good umbrella policy. I replied back...
Jon Sheffield
What questions do you ask your CPA & Attorney?
To all that either have had the opportunity to deal with attorneys and CPA's or not I will take all advice given. I am just beginning and wanted to know the basic steps in vetting a attorney and CPA. What are the basi...
Joseph King
Is this Unconstitutional? Are they kicking the can down the road?
In an article by Brad Beckett: Director of Education & Outreach, National Real Estate Investors Association, The CFPB wants to prevent Foreclosure until the end of the year. A new rule proposed by the Consumer Fin...
Brendan Mull
Guarding yourself from the snakes.
Not that anyone on BP would knowingly take advantage of a new investor, but there are those in the industry that would. For those experienced investors out there, are there any signs or clues to look out for? I believ...
Account Closed
Cession of Lease
Hi there,I have searched Biggerpockets.com and the internet for the answer, but to no avail.Would anyone have a document already drawn up that I could amend for the cession of a lease. My tenants have moved out of the...
Todd Martin
Quit Claim Deed after obtaining a mortgage
The Podcast always says to take action, so that's what I've been doing! However, I have run up against a problem that I need a bit of guidance as it relates to banking. The strategy I've heard discussed on the Podcast...
Brandon Heath
Looking for Real Estate Agent with Lease Option experience!
My wife and I are looking to purchase a larger house for our family. An ex-coworker has listed their home on the market and is open to a rent to own/ Lease option type deal. Everytime they mention this to the real est...
Bill Johnson
Revocable Trust for LLC
Hello,I am in the process of setting up a real estate holding LLC and I wanted to place the holding company (and obviously all of the subsidiary LLCs) into a Revocable Trust to avoid Probate Court in case my untimely...