My question is primarily directed to buy and hold investors who purchase each new property with its own entity (I imagine most will be LLC’s).
Do you also open a dedicated bank account for each entity for the purpos...
I just bought my first condo and I’m getting it ready to list for rent.
This is my current game plan:
1. Open an Ally regular checking account just for that one property. (Deposit rent & pay for expenses)2. Use...
I'm assuming that I should wait on buying any more properties with the market being as hot as it is here in Houston. I'm assuming that, when it cools off, prices will be more reasonable... or will prices stay the sam...
Hello,My business partner and I live in California, but are looking to invest in a duplex out-of-state, specifically Missouri. What would be the best and easiest way to have this partnership? Do we need an LLC or can ...
I am looking to invest in the Leesburg area specifically with rentals and would like to know if anyone has any property management companies they have had a good or bad experience with?
Hi everyone and thanks in advance. Please advise you best to protect my private lenders in case I die or become incapacitated and can't run my business? One post suggested adding the PL to my personal life insurance a...
While I know this is wildly different across states and formation types and the like but...anyone have any sort of guidelines on what an attorney should cost for setting up an LLC? I'm focused on Delaware, but I imagi...
Wow! Our last poll had over 700 responses! Because I think the last poll generated a ton of interest, I'm going to start doing this regularly until someone stops me or I run out of questions to ask :) This week, the p...
I’m interested in getting my first Flip property. Getting started which would be better long term and short term, Flipping properties or investment properties ?
Hello everyone, I'm new to the bigger pockets community and also to the real estate investing business. I'm from a small town in Georgia called Adairsville. I've been reading a lot of books about investing, becoming w...