Antonio Cucciniello
Multiple LLCs, Multiple Properties, Multiple Bank Accounts?
Hey All! So I have bought my first 3 properties in the last year all with partnerships and different loan structures. I am looking for help making sure everything is in line and I have gotten the process down so I can...
Steve Welsh
Using One quickbooks file for both management and holding LLC's
Hey guys, Quick question. Currently I own two properties (my personal property has a secondary unit that we rent) and I bought a SFH a few months back that we are renovating now and have a holding LLC set up to own th...
Alexander Lang
Bed Bug Addendum
Hello BP fam!So what are your thoughts on providing a Bed Bug addendum along with your lease agreement? Is it legal in your state? I reside in Minnesota, and do not see anything that prohibits from having tenants sign...
EDWARD M.
Just closed on my first two-family! What now?
So, we finally closed on our first two-family home yesterday afternoon. I gave myself sometime to let it sink in and enjoy the fact that it was finally over, we got a house we liked, after a 15-month search. The selle...
Angela Marquez
New to Orlando, FL and REI! Looking to network and learn.
Hello Investors!
I'm thrilled to be part of the BP community. Recently, my husband and I sold our home in TX with one objective - to kick off our real estate investment journey. Our youngest is off to college, leadin...
Alex Chin
Tax Forms for private money loan
Hello BP.I have a individual that is interested in funding one of my projects as a private money deal, but they have concerns about the paperwork and tax documents being a serious hassle. I have always done convention...
Matt Rosales
Finding National Bank for LLC’s
Hello,We created a Trust that has a WY LLC Holding Company. The WY LLC owns 3 separate LLC’s. The LLC’s are in CA, MO, and TN. With the attorneys address as our mailing address which is located in Utah and I live in C...
Chris Balestriere
LLC in my state for a property in a different state
Hi BPers!My brother and I recently purchased a rental property in Albany, NY. Talking to our Lawyer over there, he says it will cost around $1,400-$1,700 to set up an LLC for the property there, which is fine; but I a...
Shawn H.
Series LLC in Illinois
I'm looking for information on Series LLC's, or maybe clarification. The way I understand it, a regular LLC in Illinois: $500 setup Articles of Organization, $250 annual fee, all properties within LLC are vulnerable t...
Jay Len
Help with my first real estate partnership
Hello BP community! First post here. To keep it short, I am going to be purchasing a buy and hold property with a partner in the next few weeks. We verbally agreed that he will buy the house in cash and i will pay for...