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Results (3050)
Danny Cerecedes Forming an LLC
1 October 2015 | 34 replies

Has anyone formed an LLC using the Nevada Corporation Headquarters. I'm looking to create one there for the corporate veil protection but I've never done one before and I'm hoping for any insight BP has??? Specificall...

Nick Fallon Bank that supports Series LLC and Zelle for rent payments
29 October 2018 | 0 replies

Hi everyone,I currently bank with Chase and as its has been pointed out, they don't support Series LLCs from a banking standpoint.  I am under contract for my second building, so the series part of my LLC is about to ...

Trent Roberts Starting an LLC for rental properties
1 January 2019 | 10 replies

We are planning to invest in our first rental property in a couple months and I would like some advice about LLCs. Do we need an LLC for rental properties? Do we buy properties through an LLC? Do we open an LLC after ...

Bill Schrader LLC with rental out of state questions
29 August 2020 | 4 replies

Hi BP community. I am a newer member and this is my first post. I have a  couple questions and hope someone can point me in the right direction. I have one property in NC that I finished renting to my first tenant and...

Maugno M. Setting up LLC'S. How should wife be involved ?
25 October 2018 | 48 replies

I just closed on a flip today and spoke to the attorney about setting up an LLC. Ive done several flips now and have rentals so i think its time. They suggested i do two LLC'S so that i have one for my rentals, and on...

Nav Madhwan Regarding forming an LLC for multi-units
22 February 2019 | 6 replies

If you have a few multi-plexes (4 units), is it good to have ONE LLC and have those multi-plexes under that LLC? Is LLC for commercial units (4+)? Getting an umbrella policy would be cheaper than an LLC for the 4 unit...

Daniel Chang LLC protection, theoretical vs practical
28 April 2016 | 1 reply

Lawyers and REI give the advice to use LLC's to protect properties.  And to have separate LLC's (or separate series in series LLC) for each property or at least small groups of properties.  I myself have followed this...

Sue Ma Business checking account
13 February 2018 | 7 replies

Hi all,

I'm curious to know which bank you have a business account with for handling your rental property transactions. I usually use Chase but recently moved my properties under an LLC series and Chase does not do ...

Hoi L. Should I put my first investment residential property into a LLC?
3 November 2021 | 11 replies

Hello fellow BP friends!Just agreed on our first residential SFP and waiting for the closing in mid-November.  Wondering if I should buy it through our newly setup LLC or buy it under our name.Background:-we are both ...

Zacharias Salva Less than ideal cap rate
1 December 2014 | 3 replies

I have two questions. My first question relates to a single family unit that I bought last year to reside in but have just converted to a rental. After research and plugging in all the numbers I have found that this p...