Rui Brites
Access Control Strategies for small/mid Multi-Family Apartments
Hello Bigger Pockets Community,I'm not overly confident on whether this forum category is the appropriate one for this topic, however it seemed most fitting to me based on the descriptions i saw. I'm a relatively sma...
Ronald Pryce
Getting a LLC or S corp
Just bought my first rental property and currently in the final stages of renovation. I may not get a property manager to manage it for me.Should I look to get an LLC or S Corp?And What's the difference when dealing w...
Liam Galbraith
Do I Need To Work With An Accredited Investor In Partnership LLC
Hi BP Members,I'm learning about partnership deals and would like to start one with a business partner of mine. The partner will put up the down payment for the house(residential 1-4 units), and I will manage and brin...
Jake Barone
Confusion on purchasing first investment property
Hi,I am seriously new at this. My son and I plan on buying our first investment property; either a duplex or triplex. With this being our first one, I am wondering about prequalifying for a loan. We just formed an LLC...
Adam S.
How to ensure the "corporate veil" is not pierced in a s-llc?
Hey everyone,I'm still undecided about whether or not to do an LLC for a single commercial unit I own and rent out (no loan). A family friend is an attorney (real estate isn't his primary, but he dabbles in it) recomm...
Daniel Cody
Do we need an LLC for purchasing a rental property?
My business partner and I are purchasing our first rental property (single family) and we're trying to understand if we need an LLC, or if there's another route that allows both of us ownership along with protection f...
Zlata Ishk
LLC Or Sole Prop
Hello. When purchasing my first investment property, is it better to create an LLC or go with sole prop? Also, are banks more likely to lend to businesses or individuals? Thanks for your feedback.
Rudy Hernandez
LLC or Insurance. More confusing than I thought
Hi BP members
I have studying and asking questions regarding starting my LLC or getting a GL policy on my rental properties. Well, I asked my mortgage companies and they tell me if I did the LLC it would convert the ...
Brian Schroeder
Business strategies
I'm thinking about opening an LLC in Nevada or Wyoming, for asset protection. I'm currently living in Illinois (land of sue everyone for anything you can think of), so I was planning on starting a limited partne...
Leigh Ann Smith
LLC's and Irrevocable Trusts
An attorney told us that an LLC would be best protected if an irrevocable trust is a 10% owner of the LLC. We've decided not to retain the services of this attorney. I'm not asking for legal advice here, just your u...