![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1057916/small_1621508208-avatar-josephp187.jpg?twic=v1/output=image&v=2)
I own a property that has been paid off but I do have a HELOC on the property in my name. I also have an LLC. How do I go about getting the protection from the LLC while I have the HELOC open?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/129597/small_1694553808-avatar-mgjohn.jpg?twic=v1/output=image&v=2)
A friend of mine just lost EVERYTHING. Yes, he messed up pretty bad. I knew the guy for a couple of years. Clean criminal record, a go getter, and pretty deep pockets. Then..he did something (not planned) that cost hi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/539960/small_1696332754-avatar-marieg8.jpg?twic=v1/output=image&v=2)
So I have done a lot of reading and listening to audiobooks, podcasts, forums, etc. This can be so overwhelming. I was wondering if there was anyone local that has any pro/cons from their experience with LLC formation...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/915635/small_1621505501-avatar-kennyczaj.jpg?twic=v1/output=image&v=2)
From what I've read on prior posts it seems many have the opinion of by self-managing your rental properties, you will not gain any liability protection by owning the asset and performing the property management under...
Hi, thank you in advance for reading.I currently own an investment rental property that will be paid off in 8 years. I am the board president and 9 years ago amended the bylaws to be owner occupied. I have an ex-wife ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/319617/small_1621443942-avatar-fabian1982.jpg?twic=v1/output=image&v=2)
Hello folks,I am about to buy my first investment property. It will be an condo and the general building insurance is covered via the HOA.Is it wise to form an LCC immediately knowing that I will probably buy some mor...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/404357/small_1695747511-avatar-manis.jpg?twic=v1/output=image&v=2)
Happy Holidays !In the wake of the recent tornadoes at northern Texas, i would like to know if there are strategies for landlords to protect against such natural disaster. I have my rental in the northern Texas area, ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/945088/small_1694910854-avatar-mollyp7.jpg?twic=v1/output=image&v=2)
i'm looking into buying out-of-state. Once I close on house and contractor starts working on it, how do i deter people from breaking in and stealing materials? Also, do i have real estate agent give contractor a key?
Single family home, USATenant has not missed a payment (though they have only been on the lease for 6 months). I just got a letter in the mail from a law office saying that my tenant is declaring bankruptcy. I only k...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1243559/small_1683576379-avatar-dominicf13.jpg?twic=v1/output=image&v=2)
I have read through the forums, consulted my real estate attorney and insurance agent and have come to a dead end so I figured I'd start a discussion on here. My wife and I just bought a duplex and will soon be signin...