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Hello!As of November 2016 my electrical company was doing well so I quit my W2 job to work for myself. At the time I was working for someone else, I was growing my company on the side,and accumulating a few months of ...
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Hi,
Im restructuring my rentals and several members, articles and youtube videos suggest to have a Holding LLC and have individual LLCs inside of it owning one RE property per LLC.
Then open a traditional LLC to ma...
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Hi all!We just opened a LLC for our rental property. I have a quick question regarding the LLC bank account. Of course this is where I keep the security deposit from my tenants. I use Venmo to collect rent. Do I need ...
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Hello, I am looking to get some expert opinion from the real estate investment pros.I am looking to build a portfolio of 10 to 15 properties over 2 years. I already have purchased 3 properties. I am not able to get lo...
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I'm looking for advice on selecting a bank to fulfill my personal and business needs in the metro Detroit area. I would like to be able to easily transfer funds from a personal account to my LLC's business account ...
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Hello BiggerPockets !!I am looking for and getting into my first real deal through leveraging my primary residence to buy a small multi family property. I am wondering about the payments when getting my first tenants....
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I'm brand new to the site and just recently found Bigger Pockets. I've been listening to past podcasts daily and am extremely excited to hear from people and their experiences. I'm relatively new to rental properties ...
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I just acquired a 4-plex today. I currently have 18 units, and will have another 4 here within the month. As crazy as it might seem to many, I self manage from out of state. I have a reliable maintenance team and l...
Want to know how to avoid capital gains on your next home sale? If you tune in, you may dodge a quarter-of-a-million-dollar bullet (or more!). What about investing in one of the most tax-advantaged accounts that almos...
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I currently own two single family homes which I rent out. They are both in my personal name. My "real" job involves a high chance of litigation sometime in my career and I want to shield my rental properties from th...