Forming partnership of 7-10 people...(closer to 6-7)So a few colleagues of mine are interested in pooling money every month to form a buy-&-hold rental company that would buy rental properties every few months. Th...
#18 was a long time in the making. It was short sale with Wells Fargo with two mortgages on it. Started working on it last December and it finally closed on Friday 8/28.It's a 3/1/1 with large detached garage/worksh...
In the next few months I'm looking to purchase my first property and I've read everything i can but seem unable to find an answer to this particular question. I plan to own the property in a LLC and more properties to...
Give me your friendly personal pros and cons.I am creating to mainly have the ease of transferring ownership of LLC, operating more efficiently, scale up and having the protection of a DE LLC.
I'm a CA resident, my investment partner is a CO resident, and we just bought our first (of hopefully many) rentals in ID and potentially other states.Given i am a CA resident, it sounds like an LLC isn't practical gi...
I currently have 4 sfr rental in my name under an umbrella policy. I am happy with that for now. However, I am interested in doing an occasional flip to build up some cash. All my rentals could have been flipped fo...
Hey guys! I want to get a second property, but can't decided if it would be better to get an LLC first or not? What are your thoughts? Also, I'm not sure what would be the best way to get the loan for it? Also my firs...
Hello. We are new to active Real estate investing. I recently left the aerospace industry after 29 years and my wife closed her ladies boutique. We are now embarking on our new chapter and want to actively invest in ...
Hello, I am looking to create a Series LLC to hold my rental portfolio. Do you know of anyone, or any attorneys that could offer your services to me at an affordable rate?Thanks!
I've set up (well a lawyer) a series LLC to hold buy and holds. It wasn't cheap, but I believe it was money well spent. I understand the tax merits of holding buy and holds in their own child LLCs, with their own EI...