Mahonri Bussey
LLC in Nevada
I am about to start my real estate investing career and I want to start things out on the right foot. I currently reside in utah but I have been looking in to LLC's, particularly those of Nevada. It looks as though N...
Chris M.
Questions about putting property into an LLC for asset protection
Hi guys, I have some questions about putting property into LLCs/protecting assets, any information is greatly appreciated: Question 1: my understanding is that an LLC needs to be actively conducting business in its re...
Victoria Townsend
Attorney & CPA giving conflicting advice... help?
Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
Chris Getz
New Investor Financing
I've been thinking about ways to come up with funding to get started, and while I can provide the needed down payment for a multi-family that I'm looking at, I was curious as to some other "solutions" that might be av...
Melvin Maxwell
BRRRR and Operating/Holding LLCs
BP Community,
I'm a new investor who plans on implementing the BRRRR strategy with a partner who is a GC in San Antonio, TX. I'm out of state and will be bringing a bulk of the capital. My partner conducts business...
Amy J. C.
House hacking search in Buffalo, NY
Hi Friends! (I realize this is in the new member section, not sure how to edit, whoops!)Long story short: I'll be in Buffalo this Saturday & Sunday looking at multi's to house-hack. Unfortunately, at this 11th h...
Leanne Hunt
In buy and hold investing, who are my clients?
Hi there! I read a lot of business books that emphasize the need for knowing your customers and marketing to your clients. However, my buy and hold real estate business doesn't seem to match the ordinary sales or serv...
M Ness
Best bank for landlord?
I'm hopefully acquiring my first property very soon. Although the property will initially be in my name, I will be forming an LLC to manage the property, and opening a separate bank account for it. I will eventually t...
Eric Malandro
Buying in a different state
If my LLC is in New Jersey what do I need to do to buy property in a different state, Philadelphia pa. Can I just buy or do I need to file foreign entities for the state?
Tyler Lindsay
Owning a condo
Hello everybody, I’m looking into purchasing a condo in SE and doing a long-term rental. The rental is 75% done at a good price and can probably get it lower. The previous owner partially replaced the windows and th...