I have 2 rental properties from 2 different states and i am from a different state. I want to know how to protect them? Do I need to open any company/LLC, what are the possible options?
Last year we bought a commercial property and put it into an LLC immediately. The accounting was fairly simple. Everything was tracked with the LLC immediately.This year, my wife and I bought a 4 plex and used convent...
I have a rental property with no mortgage that I’ve owned for about four years. I have a new LLC to start my real estate investment business and I would like to know if I should transfer that rental property over into...
I've recently moved from NYC to Nashville and have just realized Chase Bank doesn't have any TN locations.I'm now considering which bank I should go with... Bank of America is close to home, but wondering whether it's...
Hello BPers,
I am currently a SFR investor in the Miami-Dade area with 1 rental property currently under my portfolio, looking to expand by purchasing a possible second SFR (duplex, In-Law Quarters, Efficiencies) wit...
Hello my BP members, so I just formed my entity working under a investor and in the future and rest myself using this business entity, so here is my question, if anyone could please chime in that would be really appre...
I have about $150,000 in equity in my four rental properties. I have about $200,000 of equity in my primary residence. I tried to get a $90,000 line of credit and was denied. The big reason I was denied is because I h...
All,In the next few weeks I'll be closing on a 4-family house, and my 1st owner occupied rental property. I read the forums and a few books and understand that keeping business and personal finances seperate is key. I...
When we Buy a Rental Property Through an LLC, do we have to use our LLC business (money) checking account to transfer the fund to buy the property or we can use our personal checking to fund the property?
Hey yall!I am curious how you all use social media. I am not much a social media guy to date but I can see how beneficial it can be. I have already gotten a client from Bigger Pockets! what are some tips and tricks...