Leatha L. Luttrell
How would you use 10 acres to make a profit?
Greetings fellow BP’sI am a co-owner of a 10 acre property located in Florida. It was left to me & my siblings by our mother who passed in 2013. It has been a liability thus far as it has cost myself and 2 siste...
Eric Armstrong
Any advantage to buying the LLC that owns the property?
I'm looking into purchasing a 6 unit(2 businesses and 4 residential) that is owned by a LLC that only owns this one property. I was wondering what the advantages/disadvantages were to purchasing the LLC instead of th...
Joe Pomeday
Insurance for portfolios for Foreclosures ?
I'm working with a company that deals in a tax liens and is looking to get a policy for its pipeline of foreclosed properties. The main concern is getting a $2-4M blanket liability policy in place to cover properties...
Xiang Zhang
Is LLC a good idea for investment in crowdfunding projects
Hi friends,
Crowdfunding sites such as crowdstreet, the deals are always structured using limited partnership or LLC, and investors are limited partners or members of an LLC. Theoretically they're protected from the ...
Paul Fagot
LLC for first time flipper?
Hello BP, Im a new Investor and I'm planning on Flipping a house soon once I figure out my funds, but my question is do I need to get an LLC before hand? Or is it just better to have it in general?
Lacey Daebel
Phoenix CPA Referral - REI Focused & Relevant
Hi Bigger Pockets Community!
I'm looking for a CPA specialized in Real Estate that can help me put together a plan on how to proceed with my real estate investing.
Current Situation: I recently became a landlord (D...
Bernie D.
Sole Proprieter or LLC or INC? Quick Buy/Sell Business
Need some advice. In the last 18 months, I've purchased 7 Properties and sold 7 Properties. This year, I believe I can scale it even further and double those numbers. I don't know what you would call it, but I gues...
Terence Mcneil
Collecting rent. Personal checking account vs Buisness account
Hello BP, My business partner and I recently closed on a deal and are in the final stages of getting it rented. We purchased this property as "individuals" and not apart of an LLC. We do have an LLC set up that we wan...
Timothy W.
Your House - Investment or Doodad?
I'm curious to see folk's philosophy on this. I consider my personal residence to be a doodad I live in. Yes, I bought it at about 20-30% fmv but regardless, it is a piece of real estate that garners no cashflow for...
Tim B.
Rental property LLC question
I am buying my third rental property and want to hold this one in an LLC. I live in SC but the property I am buying is in NC (we plan on moving back to NC eventually). My question is: If I register my LLC in SC where ...