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Live in California and have 2 rental properties in Cleveland with a total value of 150K at most, is creating an LLC for each property a viable option for asset protection?
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Hi biggerpockets!
First off love the forum!
We are submitting an offer on a 4 unit multi family with owner
occupying 1 unit. Owner would like to create an LLC for this multi-family property as well as each MF he buy...
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Aloha,Should I form a LLC for property investing? I was told that having an LLC would be good to have and that I can put my future investments under the LLC instead of under my name? Not sure that I can pile up proper...
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If I set up a Solo 401K now, can I transfer IRA assets from an old IRA I established 2 years ago into the new 401K? I'm referring to an old IRA that holds stock mutual fund (say a Janus Fund). Or is the Solo 401K o...
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It's time to do my first eviction! I purchased my second property in August, so I have inherited tenants and the old landlords lease. Tennant has not made February payment and has now stopped responding. I posted a...
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I have prospective tenants who have no prior rental history. They live with their parents. I ran a credit check and they have good credit. Their income is low for the property. They gave me personal references - frie...
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Hello! Being a personal finance coach, I am very experienced in writing and following budgets that have my best interests in mind. That being said, I am brand new to real estate and I am unsure the best way to manage ...
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Question about how to refinance your personal loan into a fixed rate 30 year commercial loan so it doesn't show up as personal debt. I have (2) commercial loans right now. Commercial Loan 1: has (3) houses on one lot....
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I have my rental listed with zillow and I receive a lot of application requests without seeing the home. I typically do not allow applications without a tour first. Some people are out of state, but I feel you shoul...
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I know the topic of umbrella insurance comes up here periodically. I was just out shopping for new auto and umbrella policies, and most insurers won't write a personal umbrella that covers an STR if the underlying po...