Hi BP. I just joined. I'm a banker that helps real estate investors from around the country set up checking accounts for their Solo 401K/Self Directed IRA's.I reside in Denver Colorado but am able to help customers ...
I've had several attorneys and CPA's mention that house flippers should treat LLC's as disposable - that is, flip a set amount of houses with an LLC and then create another LLC and let the previous one dissolve.The pr...
What's the best way to set up an LLC for Rental Properties I've been hearing have 1 LLC owned by another one in Nevada or Las Vegas
Hello everyone,
I have heard varying opinions from many friends about asset protection as related to real estate. To get an LLC or "no" LLC is the most common thread of discussion. I thought - why not ask the questi...
My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...
Newbie here!
We have a secondary home we plan to start to use as a STR next summer. The home is currently in our name and we have a conventional mortgage on it.
-For those with a house in your name, do you have ...
Are there any security (e.g. Series 7 and 65) or broker licenses needed if starting a real estate investment group where one entity will make the final decisions (which properties will be purchased and when to sell) o...
Hello all!
I currently have 3 SFH properties that are held within a series LLC (each one in its own series) in the suburbs of the KC, MO area.
We have been working with a local commercial bank for these 3 homes tha...
Hello All!
I am currently house-hacking a duplex and plan to purchase another in my area within the next 6 months. I would like to understand the steps behind setting up a LLC.- What is needed to register an LLC in W...
Hi All, I was doing some networking over the weekend with a person who made big in the Commercial real estate (retail) and he suggested me that, first advise I can give you is, don't deal with people/ rentals. Because...