![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/213696/small_1695008704-avatar-ramjam.jpg?twic=v1/output=image&v=2)
Hi there, I am sure this is old hat to many of you. Would love to understand important points in setting up an LLC in Philly. My goal is purely to protect my personal assets from lawsuits that may occur with rental pr...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/60464/small_1621412930-avatar-nielklu.jpg?twic=v1/output=image&v=2)
Hey Everyone!
My name is Niel and I am from South Bend, IN. I live about 5 minutes from the Notre Dame Campus. I'm 28 years old and have been interested in real estate since I was young. I work full time as a super...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1509068/small_1696051325-avatar-zacharyj53.jpg?twic=v1/output=image&v=2)
I’ve found myself in somewhat of a predicament with no clear answer on how to move forward. Background:Purchased a home in the San Diego area using a VA loan in 2016. Purchase price was 470k, the outstanding balance ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/907309/small_1694600221-avatar-jacoba43.jpg?twic=v1/output=image&v=2)
I think I came across this idea on BP but cannot find that post. Basically to protect from lawsuits one creates a property management company as an LLC. You rent the property to the LLC and the LLC sublets it to the t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/487432/small_1621478887-avatar-stevenp40.jpg?twic=v1/output=image&v=2)
Need help with a unique situation. I bought a property from a tax deed auction on Tuesday and the next day I received a call from the police department asking if I was planning on evicting the current tenants. The ori...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1419106/small_1662570664-avatar-erinf28.jpg?twic=v1/output=image&v=2)
I am struggling over here. I work with my father who is 75 and has been doing things a certain way for YEARS. We handwrite checks and handwrite in a register. Then we take that and plug it into Quickbooks before tax t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2015438/small_1694874582-avatar-miket370.jpg?twic=v1/output=image&v=2)
Hi all,Let's say I have two prospective tenants who applied for my property. They both meet my criteria and all have good rental and criminal records. However, one appears to have a higher credit score than the other....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/226021/small_1621434529-avatar-jasjones.jpg?twic=v1/output=image&v=2)
I have an A class SFH with a new tenant (3 months). The home was built in 2000 and has mostly hardwood floors and tile with the exception of the bedrooms and living room where I put in brand new carpet before the tena...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/127105/small_1690747391-avatar-deehollywood.jpg?twic=v1/output=image&v=2)
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2401152/small_1693318791-avatar-isaiaht33.jpg?twic=v1/output=image&v=2)
Hello, i’ve been hearing different investors talk about a seasoning period when refinancing out of hard money during the BRRRR process. can anyone help me dive a little deeper on what this is/mean?