DJ Cummins
llc
So we are still up in the air about starting an llc. We plan on meeting with an attorney this week. Any advice would help. four of us as equal partners. Looking to buy our first property soon and hopefully add one...
Roy C.
LLC: Sole member vs. Partnership
I currently have a partnership LLC with my wife. This LLC's sole purpose is to have investment properties title under its name for liability protection. Few days ago, I was on the phone with my CPA, and he was recomme...
Abhishek Singhal
Looking for a real-estate agent and a property manager in Dallas
Hi I am looking for help in purchase of rental real-estate in Dallas area. Someone who can suggest right neighborhoods and houses. Separately (or it could be the same person) also looking for a property manager.I am b...
Vidit S.
What are the best types of lenders for a fund(not syndicate)?
Hi All - I am looking to set up a small fund of 2M to 3M focusing on buying 1 - 4 units. In my market, the value is about 120k per unit. In your experience, who is the best type of lender who understands the fund mode...
CJ M.
Low cashflow on SFR's/Staying motivated in the beginning
Hello everyone,Haven't posted much in a while, but was thinking about the ups and downs I've personally experienced in REI and how I stayed motivated when financial freedom seemed so far away in the beginning.I rememb...
Melanie Noblin
Payment logistics and the "Time Gap"
So you've got your toes dipped in your first rental investment property. You've taken the advice of making sure you have some cash reserves to pad yourself.
1. Renter pays by the 1st. Your mortgage payment is DUE on ...
Thomas P.
Situation
I purchased an old two family in a great neighborhood with large property for its location (NYC). My plan was to rent it out for 3 years and begin to rehab it and make it a single family home. I currently rent both un...
Bryan Laufenberg
Umbrella policy vs. multiple LLCs
To protect my personal assets, is it better to form an LLC for each individual investment property I purchase, or to just get an umbrella policy?
Nick Leamon
Would you rent to a company?
Hey BP,I have a perspective tenet, who is being relocated by his company to my area. The lease would be in the companies name, and the company would pay the rent. it sounds like a great idea to me, since companies ten...
Shaheen Pirouz
House hack questions
I have a house hack that’s a main house with two guest houses. I’m living in one of the guest units and renting out the other two. My question is how do homestead exemptions, tax deductions for repairs, and depreciat...