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Hey all -
We're at the stage where we now have 2 long-term rentals and we want to convert things into an LLC to clean things up starting in 2023. I'm seeking advice on converting our rentals from personal bank accoun...
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Hello BP family.I have 2 LTRs and I now have LLCs for each to protect my personal assets. I've also created a LLC to begin wholesaling and buying properties to BRRRR. The question is, do I need a business license for ...
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As a new investor, is it best to create your LLC within your current state of residence or the state in which you are planning to invest the most? Any suggestions or guidance would be very appreciated.
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Aloha,I’m raising private money for an Oklahoma SFR investor. The one thing my lenders want to know is, how will I get my money back if the borrower defaults? I just read Matt Faircloth’s book on raising private capit...
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I just bought a duplex in Los Angeles which has a large backyard I am thinking about building another duplex in the back but I’m not sure if this I covered under the new ADU law that was passed. I want to know if it i...
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Hello, I am new here to this website and must say it is the best. But I have a question before I run out and buy a "wholesale property". It is my understanding that I need to have some type of "Corp." before I do this...
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Just curious, why are you investing in real estate? Is is for the freedom, passive income, wealth creation, bragging rights, to start a business/ real estate empire, or something else entirely?Let us know in the comme...
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Hi Everyone,Looking for some advice on business structuring as I am currently under contract for my first investment property.Situation: My brother and I have decided to partner up and tackle real estate investing tog...
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Do You Require Your Tenants to Purchase Renters Insurance to Lease Your Property?
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I went and looked at an interesting property yesterday, its a SFR with an established home-business. It's on a few acres of land and generates up too 50,000 with little over head. (At least that's what they claim) Has...