We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC. I've never seen the flip side of that. I want to hear stories of when your LLC actually protected you and how?
I live in Louisiana but have 2 sons that live out off of 280 in the Inverness and Greystone areas. So, that is really the only area of Birmingham that I am familiar with. I am curious about investing up in the Cente...
Hello. This is my first post on BP, and I have a couple questions for anyone who's a CPA, or has had a similar experience. I just sold my primary residence, I used the profits to pay all my credit card and other debt ...
This post is for a close friend of mine who has been having to deal with this issue for more than a year and asked me for guidance. I'm hoping that I can get some advice from the forums. So my friend owns a top floor ...
Good MorningI am in the process of selling two of our buildings and the buyer is having us manage the buildings for him for a short time (1-2 years). It's a pain, but I'm almost there. I have some questions about the ...
Hey all! I have a few short term rentals locally in Missouri (lake communities) so I know my numbers. But am curious just for quick reference in any one of this STS markets if your buying a property for 1MIL and set...
Hi guys...I need some advice. Over a month ago we were among the first to put in cash offer on a foreclosed home. There were several other bids. We then put in highest and best. Told they would make a decision quickly...
I had an IN property tied to KY LLC, So the renter did all of the lease and paper work with KY LLC. Recently I moved the said property from KY LLC to IN LLC and I still have 3 months left on the current lease. I am t...
Hey BP Family,I'm new to small apartment investing. I received a motivated seller lead but the only data they have for me to look at is the P&L from 2016 and the P&L from January 2017 until April 19 2017.. Is ...
I was asked if i would like to be a private lender on a flip and im considering jumping in on the deal. Im just wondering what legal docs i should require.