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What do you guys think flipping houses without LLC or an entity? I have flipped 5 houses with my personal name, and a little worried about the liability. I would like to hear from you.
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This Tuesday I have a 1 year walk through with a Tenant of mine. She lives in a nice SFH with some of her friends and has been a great tenant in terms of paying the rent right on time and dealing with a couple minor m...
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Hi BP Crowd!This is my first time posting, and I’m seeking some guidance. I currently reside in San Diego, CA, and I am in the process of purchasing two properties in Henderson, NV, in my personal name. My question re...
I was listening to podcast #17 and at point 25:00 minutes, Brandon Turner and Jeff Brown were agreeing that cashflow wasn't the most important thing to focus on when you're young, but building your capital. The bigg...
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I'm extremely aggrivated by a bonehead mistake and wanted to see if anyone has delt with this before.
Long story short - I bought property in Ohio (great deal) intended for rental before I had my LLC set up. The W...
Hi everyone,I've been doing plenty of research on this topic and thought it was time to seek some outside advice. I've owned a 4-plex property in Long Beach, California. So my following questions are.1. I work full ...
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I'm helping my Dad set up a self-directed IRA so he can do some real estate investing. He will want an administrator/custodian that is 1) Reputable2) Responsive & helpful regarding organizational structure and all...
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Howdy! To start I would like to give a little background information on myself. I recently graduated from Texas A&M and am working full time in the construction industry. During my time at school, I befriended two...
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AHHH!!! I just bought my first rental property, and am freaking out a little bit! We bought the property (in great condition!) for $47,999. It's an awesome property 3 bed 2 bath, 1,300 sqft, tax value is $110,000, th...
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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.