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Good afternoon BP, I am currently looking at purchasing my first investment. It is a triplex and looks to be a sound fist investment. I am wondering what kind of insurance I will need as I will be both living in one u...
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So I posted another topic on BP about how many SFR's in a LLC was too many. I was taken aback a little bit when the first 2 replies were that I didn't even need an LLC, just a good umbrella policy. I replied back...
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My friends and I formed a company 1.5 years ago and started flipping in Seattle Area. We have track records of success and now seeking for working capital for more upcoming project. Is our company too young for a busi...
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I am considering transferring funds between one profitable S Corp into an LLC for the purpose of purchasing a property. Is it better to transfer the money to my personal account as a share holder distribution and the...
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If I was to self manage my own small multifamily, would I have to start a PM company? And would this only be necessary if I was intending to be receive compensation for my time as the property manager? I appreciate y'...
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Hello BP Members,
Has anyone worked with Colquitt-LLC? https://colquitt-llc.com/
It is a private lending company that does real estate transactions. Thoughts on working with this entity?
Thanks!
- Isaac Ramirez
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Hello, I'm wondering if I should use a property management company or not? I'm mainly interested in the aspect of how to acquire and market to tenants. I have the capability to handle the application processes, evict...
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I recently posted an article about protecting assets and figured I can share it here as well. Below is the article. Enjoy!
Investing in rental properties has tax and wealth building advantages. Like any other busines...
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Hi everyone, really hoping for some advice from the community here.
I have a tenant that is faking an injury (one of these slipped and fell kind of things) and hired an injury attorney. That attorney sent a demand ...
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Hi,
To cover additional personal liability, I am looking for an umbrella policy. All our properties are with Citizen, all are in Florida.
I would love to have an extra $1,000,000.
Any recommen...