David Minaya
Should I create an LLC to invest in my first multi family deal
Was wondering if I should start and LLC to begin investing in multifamilies or is it okay to do it without forming a separate legal entity? What are the pros/cons? Thank you and looking forward to your responses.
Alexandra Hansil
File Eviction even if Moving?
Hi All
I have a rental in NJ. I reviewed the NJ eviction regulations and it basically states that I can file an eviction immediately without notice for non-payment of rent. However, the tenant is supposed to be mov...
Mike Hoover
Morals of Real Estate
Hey BP team,My business partner and I are both 50/50 owners in our real estate company. We recently closed on a commercial and residential unit. The commercial space was previously a doctors office and had several h...
Erez Friedlander
Partnership and taxes
Hi BP,
I am planning to partner up with a friend and purchasing properties under a co-managed LLC but have no knowledge if there are any tax issues or is it just the same as for the LLC my wife and I share and have 1...
Jefferson Kim
Google Earth Pro is now free for everyone (Any use for investors?)
http://google-latlong.blogspot.com/2015/01/google-earth-pro-is-now-free.html?m=1I guess it uses GIS data importing features to your advantage. Does anyone use Google Earth Pro as an investor and can explain how it's h...
Wilson Liu
Place LLC interest in living trust?
Hey BP,Relatively small time investor with 3 properties in an LLC that is member managed by a partner and me. I'm setting up a living revocable trust for my wife and I. She is not a member of the LLC (not for any fi...
Lucas Carroll
Primary Residence Turned Rental - Any Tax Savings Available Now?
Good afternoon all! Long time lurker, first time poster, glad to be here.
I was house hacking my primary residence in Conroe, Texas but I am going to turn it into a full blown rental as I'm away from home for work r...
Chris Carrigan
LLC or Umbrella
Having a hard time making the decision on putting a new STR into an LLC or just getting an Umbrella policy. In NC it costs about $450 a year in fees for the LLC (Annual Report and Franchise Fee). I currently pay a C...
Adam Craig
Do I have enough protection?
Do I have enough coverage for my 12 rental properties
All properties are under a LLCMy home insurance covers up to 1MIL per occurrenceThey are managed by a professional management companyNot exactly sure if I am sti...
Jan Neruh Kelsey
Recommendations on organizational tools/spreadsheets for rehabs/flips
New BP Pro member here. Does anyone have any recommendations, or even better any spreadsheets, excel or web-based, they use to keep track of all construction expenses for Flip/BRRRR properties? I BRRRR several prope...