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I've learned a ton from other's posts, but now I have a need of my own. For background, I was/am looking into buy and hold properties in San Antonio, but in my search I found that a friend, who owns his own constructi...
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Hey guys,
For anyone who has used an asset protection company to draft their business (LLC, trusts etc):
1) Any recommendations for asset protection companies that you have personally worked with?
2) What is a ball...
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I’m a newbie at real estate investing and looking to get my first home for rental income. I’m told I should start an LLC to protect my personal assets. Do you guys feel that is necessary? If so, does it have to be my ...
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Does anyone have suggestions of best business type for owner occupied rental building in Illinois? Like S Corp, LLC, etc. I would like to protect myself in case of any legal issues and/or have a business deduction fro...
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Can anyone tell me exactly how to use a land contract and where to find the form. I am selling a house to a relative that can't qualify for a loan at this time and someone mentioned doing a land contract on the prope...
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Good Afternoon my Bigger Pockets people! So, this pass Wednesday I had the pleasure of attending an real estate seminar. You know the one that tries to sell you a class or a product at the end? ( Are those classes ev...
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Hey Everyone, I'm trying to minimize using all of my money for down payments on my Fix and Flip deals. I have a good amount of capital from friends/family/associates that I can tap into. How do I structure the deal wh...
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We have full equity in our home in Texas and plan to rent it out later this year. What can we do to protect against a lawsuit? 1. Should we create a LLC and sell our home to the LLC? Does this increase property taxe...
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Hello guys,
I have a question and hope that somebody can explain this to me a little more. When is it convenient to have a LLC and what is really the purpose of it? I been reading about it, and feel like I can use i...
I am looking at a foreclosure property listed at 50k and assessed around 85k. I requested a quote from an agent and he came back at almost 1, 000 / yr. This seemed high to me. Quote was from Northstar.
The agent sai...