Jessie Randolph
Attorney told me that series LLC's arent legal
So I met with an attorney so I could set up my llc right. I told him I wanted a series llc and he said it wasnt legal in ohio yet but was in the works. Wondering how others here in ohio have structure their LLC's in ...
Anthony Ezimoha
Can an LLC be a Holding Company for Subsidiary corporations?
Hello allI am a Real Estate Agent and studying for my Mortgage Broker license. I plan to create multiple service business related to Real Estate as c- corporations I would like to form a Holding Company as the parent ...
Chad Pore
LLC Financing Question
Hello,Here is the scenario:Set-up an LLC with my dad and brother to begin buying/owning real estate. We are in the process of BRRRR'ing or first property.My dad and mom have owned a single-family rental home for over ...
Daniel Kaplan
House Hacking as a College Student
Hey BP fam! Thought I'd reach out in the forums for some guidance before I do an internet deep dive on this. My friend and I have a combined $40,000 and are looking to house hack a quadplex for 2 years before we gradu...
Joe B.
Inheritance now or latter?
So I've got a unique situation. I am currently living on a 10acre piece of land it is owned by my parents. They are in the process of putting everything they own into a trust. The land I live on is going to be my inhe...
Albert Velasquez
What to do with 100k in the bank?
18 months ago my parents had to short sell our home and rent it from the seller. Today our financial situation has completely turned around. We have 100k in the bank and don’t want inflation to destroy it. We want to ...
Francesco Barbati
Criteria for students housing
Hello BiggerPockets crowd! I have decided (but always ready to change my plan) to buy and hold to rent to students, and focus around the university in the city I live in.What are the criteria to choose the best proper...
Jeremy Lee
1031 Exchange and Tenants in Common
Hey all,I live in a condo here in Southern California that I co-own with my parents as "Tenants in Common." They had a cabin property that they rolled over via 1031 exchange into this condo back in 2007. I put a small...
Jerry Baldwin
Buying house for cheap from grandparent
Here's the situation. My grandmother is 93 years old and is in assisted living. She has been renting out her house for the last ten years or so with help from my parents. After finally evicting a tenant they've been t...
Kevin Sha
How should I turn my parent's two condos into more property?
My parent's bought two condos in Orlando, FL maybe 10 years ago for around 60k-70k each. They're fully paid off and have tenants in them. The value now for each is probably $100k+. I don't know all the numbers fully y...