Christina Oka
LLC and tax accountant when starting
Some experience / guidance needed! We hope to buy our first property this year out of state (looking at a couple different states). Should we wait until we get a property to get an LLC because we don’t know where yet...
Ashwini Venkatesan
Create LLC or not for out of state investment
Hi. We live in CA and want to buy a property out of state. Potential seller (experienced real estate investor) recommended we create an LLC and buy the property. I am not sure I understand all the tax / fees associat...
Alex U.
Umbrella Insurance vs Wyoming Holding company holding California LLC
For your buy and hold properties, to my knowledge there are 2 predominant strategies.1. Keep properties in your name or in a trust, get $1M worth of liability insurance for a few hundred dollars and rent out the units...
Andy Cross
Removing "Closing Extension" Clause from Purchase Agreements
Hey gang...quick question.I've got a contract out with a seller, and she is kind of "balking" at the notion of a 30 day extension if we cannot close on the date stated on the contract. She wants me to take it out all ...
Erica Chung
Forming an Entity for first time buy, California resident
Hi everyone. I’m very new to real estate investing. I’ve just been feeding on reading content. I’m currently reading Long Distance Real Estate Investing by David Greene. And would like to apply his advice to starting ...
Kevin H.
Grow Your Portfolio or Debt Free Properties
So I work in the MRO industry dealing directly with multi family management companies. A lot of the owners started out with owning properties and growing them to owning thousands of units. I was talking to one of my c...
Christopher L.
Tenant not responding to rent raise/lease renewal
My wife and I are house hacking in Burbank, CA and have run into an unusual situation with a tenant that we're not sure how to handle. He and his family have been renting from us for two years without issue, their lea...
Account Closed
Newbie Real Estate Investor - Legal & Accounting
Hello!My name is Derek and I am an aspiring real estate investor currently living in San Jose, CA. I have put in countless hours of self-education, and now I'm looking to take that extra step by connecting with experi...
Denise Evans
Alabama Tax Sales Auction, Excess Bid, and Redemption
This article is for tax sale investors who want to earn redemption interest income. Investors who want the real estate should read this, also, because sometimes their plans go astray and an owner redeems.In Alabama, s...
Mary Blanco
Do I need an LLC per house or just one LLC?
I’m looking to get started in an LLC for the two rental homes, I currently have. However, I’m trying to research which option is most beneficial. Do I create an LLC per home or one LLC for both homes ? Looking for inp...