I own 1 rental property and was wondering if I should put it on LLC. Just wondering what are the pros and cons or if its even necessary. Thanks in advance!
We may more than likely be coming into our first rental properties. Two condos both free and clear, one has a tenant already in it with a guaranteed rental payment made by a well known charitable organization. The sec...
Started seriously analyzing multifamily properties for buy and hold. Couple questions for those privy. Looking in St. Petersburg, Fl. Current property is north of DTSP, between 275 and 4th st.
Trying to find aver...
we have 2 properties in California one that is currently a rental in the Bay Area and one that will be in San Diego. In other states you can put the property into an LLC to protect yourself and other properties, the p...
Hello all! Just closed on a property i will be using as a long term rental and am getting ready to rent out my condo as well (Im moving to a new condo). What should I do in regards to having both rentals in my name v...
I am buying my third rental property and want to hold this one in an LLC. I live in SC but the property I am buying is in NC (we plan on moving back to NC eventually). My question is: If I register my LLC in SC where ...
Hi everyone,I seem to be getting conflicting information regarding home insurance for my rental property. The agent says that usually the liability insurance is covered under my primary residence insurance policy. Tha...
Hello, BP Community!I am close to acquiring my first two SFRs in Alabama, and will be adding one in Indy shortly for a total of three.While this is very exciting indeed, I am now getting overwhelmed with the concept o...
Hi all,
Relatively new here and looking at my first property. I got pre approved for a standard FHA loan. I am thinking of buying a duplex, triplex or fourplex while also buying another cheaper property to flip. I wi...
For those of you who are out of state SFH buy-and-hold investors in Indianapolis that have greater than 10 properties, I have a couple questions:1. How are you financing your properties? Are you buying 10 and then rol...