![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/974622/small_1642688050-avatar-candidor.jpg?twic=v1/output=image&v=2)
I have seen several old post on the pros/cons of having an LLC and umbrella policy. I was hoping get some recommendations on whether or not I should seriously consider starting an LLC (California resident) and/or umbr...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/164481/small_1621420599-avatar-thebeachbum25.jpg?twic=v1/output=image&v=2)
So I am currently in the process of re-renting a property, one of my potential applicants is a couple who run a day care out of their house. They are licensed with the state and have been for 4 years, they have provid...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/131169/small_1621418358-avatar-britt.jpg?twic=v1/output=image&v=2)
We own 16 condos in the same complex in New Mexico. We have divided them into two NM LLCs. Would you create more LLCs to further segregate the liability? Would you create Wyoming LLCs instead of NM LLCs? Would you use...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1304948/small_1681667296-avatar-dougc54.jpg?twic=v1/output=image&v=2)
I have an investor friend wanting me to provide very short term funding for deals they are wholesaling. I need to get more details on how exactly this will work, but as he tells it the funds may only be needed for min...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37643/small_1694687186-avatar-smalltownil.jpg?twic=v1/output=image&v=2)
The older I become and the more responsibilities I have, I've become more adverse to risk. I know generally risk=reward, you can't fly if you don't try, you can't expect to excel or stand out if you keep doing what ev...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/700006/small_1621495696-avatar-andrewb207.jpg?twic=v1/output=image&v=2)
Is there any way for two people (or two families) to invest in a rental property and get conventional financing?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1585669/small_1621513924-avatar-delc6.jpg?twic=v1/output=image&v=2)
Hey all,
Does anyone currently (or recently used to) own a vacation home in OBX (Corolla more specifically) that is willing to speak to a few items and general feedaback:
1. Vacation renal income norms over the last...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/329588/small_1621444670-avatar-caseyt2.jpg?twic=v1/output=image&v=2)
Hello Everyone, I'm very close to closing on my first deal for a SF rental property in Providence, Rhode Island - 4 rooms, 1.5 bath. I've listed my calculations below and am hoping that some of you could chime in to c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/495329/small_1621479254-avatar-toddc22.jpg?twic=v1/output=image&v=2)
One of the most rewarding aspects of my job is speaking with investors about how to generate rental income from a tangible asset without requiring active involvement.A lot of people are familiar with the turnkey proce...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1166/small_1621345626-avatar-horns1906.jpg?twic=v1/output=image&v=2)
i have been doing my research for about 8-10 months and i finally found a good property in a pretty good niegborhood. I am so exited that i finally have started the process of being an investor. i bought the house f...