Hi all,Im wondering if it makes sense for me to try to set up my own legal entities... I just got quoted $1500 per entity not including filing fees to set up an LLC, and was also told to set up an S-Corp management co...

Hello everyone,I just wanted to share some of the difficulties I am encountering in obtaining home insurance estimates. I've e-mailed about 10 different insurance agents last Sunday and only 1 got back to me. She prom...

Hello everyone, I am in the market for a new CPA to help me with setting up business structure and prepare for my tax return next year. I have talk to a couple of different companies but all of them left me feeling ov...

Wow. I just read a thread where one of the responses all but called several others out in disagreement over what I thought was a stupendously mundane issue.
There seem to be a number of topics that historically rai...

I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...

Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?

I've been interested in REI ever since I read Rich Dad Poor Dad 3 years ago. I will be graduating from LSU this August and will be working for a national insurance provider as an employee benefits rep. It's a base + c...

Good morning all,I currently have a triplex under a hard money loan because it did not meet the qualifications of a conventional mortgage and I needed to close quickly. I'm performing renovation on the property now, b...

For legal implications, this occurred in Texas (Dallas to be specific). I know laws vary by location.About 4 months ago, we had a bad rainstorm and water seeped into the bathroom through foundation due to poor drainag...

We were called by Novak Capital Management offering us to invest a minimum of $125,000 in a development named the Summit Lofts in Georgetown TX (209 mi south of Austin.  They project a profit of 200% in 3-4 years.  Is...