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I love getting on the phone and helping people, but I'd be interested how you all are streamlining your business. I'm not a fan of the voicemail cause I know that most don't leave a message. I know cause I miss my cal...
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Is it possible to combine 2 LLCs? Lets say I have 100 identical single family homes in one neighborhood owned in two LLCs. 20 are 100% owned by one owner. The other 80 are 50/50 between the original owner and ano...
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I was advised years ago that each rental property should have its own LLC. Recently I hade a long-time investor tell me that he just has good insurance overage and has one holding company for his properties.
Curious...
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Hi I just had my offer accepted for my first duplex! I plan to house hack. I'm getting a home inspection, radon testing, and a sewer line inspection. Do investors typically get all of these inspections or is this over...
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Hi all! Can anyone recommend any good resources for accounting basics for LTR. I just want to make sure I am tracking and recording the right things and in the most helpful way. I have met with my CPA and been given a...
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Hi All! What is the easiest way to set up a company that limits liability? There are many different methods and people talk about a lot of different things here. The most common answer is to have a LLC for each house ...
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My partner and I have a 4-plex in a multi-member llc. It is paid off and worth 240K. We would like to pull out the cash to use for more purchases and had some questions around this. I am experienced with convent...
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We are about to purchase a 7 unit multifamily property in Washington DC (our first investment) last renovated in 1964, but the property is clean and looks structurally sound. Our legal counsel recommended that we have...
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I would rather not have 2 coats of primer and 2 coats of paint to go over dark purple and greens, I had a painter mention there is a paint out that truly does cover in one coat with these dark colors. Does anyone exp...
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Dear BP,my RE attorney would act as Trustee but he doesn't feel comfortable enough to set up a trust deed etc. for a land trust which would own an (existing) LLC as he's never done that before.The US States involved w...