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Hi I have my own business and getting my first Airbnb in CA. Should I set up an LLC for Airbnb for protection? Does a single member LLC provide the protection?
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I'm a software engineer by trade with a wife and 3 kids, one of them nearing college age. I recently read Rich Dad/Poor Dad and it changed my entire perspective. I'm looking to build up an investment portfolio of MT...
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There are all types of real estate investors. Some that love to be actively involved and others that prefer the "real estate" asset class, but don't have the time to commit to it. I started off as an active real estat...
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Ok, so after a recent visit to my CPA for personal taxes, I was asking how I should set up my accounting. I have read a variety of articles on BP and they have been helpful but not exactly specific to my problem. Righ...
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At what point is it wise to open up an LLC for a real estate business? Curious to know when I should open up my own.
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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Is it better to use a simple interest business loan with a 48 - 74 month term to get started or use hard money to fund deal by deal? I am a newbie and working on my first investing deal. It just seems counterproductiv...
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I want to start an llc but don't have a business set up yet. I was thinking about funding the llc with my wages from my w2 job.
I have come into contact with a landlord that is looking to retire. He has a package of 12 properties and we have agreed on a price that would be under market value based on comps on all properties individually. It ...
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All,I have recently decided that I'm going to retire on rentals so in the past 8 months I've gone from 3 doors to 11 doors and I'm looking to add 2-4 more doors soon. That said nearly everything is in our personal na...