My CPA suggested forming seperate LLCs for each rental property I purchase. He states that this limits my liability if there is an issue with one property. I have just one property currently, but I plan to purchase a...
I have a BRRR under contract to buy. Somewhat distressed Landlord. Here's the timeline, and I'd love to hear feedback on whether or not I should change some of the things about how I do business. Quick skim will give ...
Hello, I’m curious to hear from experience investors about how they structure/ organize there LLCs. From local real estate meetings , real estate attorneys, and other local investors I’ve heard different ideas and I’m...
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
Running into a wall here and would love your thoughts and insights as I try to scale as a new investor. We have a chunk of cash to work with which I had originally planned to buy three STR properties with (traditional...
Hi BP,I know this may seem like an odd question and one I don't expect many people to answer for privacy concerns and not wanting people knowing your personal finances. I would like to know if there are any people out...
% Networth Estimated 5% passive income (Annual basis)99.90 % $30,644,280.00 $1,532,21499.50 % $11,898,128.00 $594,90699.00 % $...
Hey all. I want to get started in real estate and am hoping to get some insights on the approach... I have $50k cash and don't really want to take on debt (or do creative financing). Is this a do-able starting place f...
BP,I've been searching and there are number of LLC posts. What I haven't found is a way to get similar protection of my assets without putting the properties into an LLC.Here is my issue. I bought the two properties o...