Sonu Sharma
Parent LLC with Series LLCs under it
Hi, I set up a new LLC with a series for each of my rental properties under it. Would anyone know if I need to setup a separate EIN number for the parent and each of the series under it or just have an EIN for each of...
J. Martin
SF Bay Area Economic & RE Update (Ongoing)
I have organized what I believe to be some very valuable information and relationships about the economy and real estate, and will be posting updates about the San Francisco Bay Area marketplace here periodically. I s...
Cassandra Boyett
Turnkey Rental Property a good idea for a first-timer?
We live and own in California where we can't afford to do much, so we'd like to invest in a rental property somewhere else and this will be our first purchase (aside from our home). Can anyone break down how Turn-key ...
Paul Lim
Creating an LLC and putting existing properties under it
Hi all, I was hoping I could ask for some advice here. When I first started real estate investing, my mentor told me that I don't have to worry about creating an LLC to start since it'll eat into my cashflow. Howeve...
Paul Lim
Creating an LLC, and putting existing investment properties under it
Hi all, I was hoping I could ask for some advice here. When I first started real estate investing, my mentor told me that I don't have to worry about creating an LLC to start since it'll eat into my cashflow. Howeve...
Matthew Mucker
Where does the 50% rule come from?
I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
Grant Stuard
How are people scaling so fast?
I have listened to some podcasts, and have heard people saying they got their first 7 properties in 11 months. Some even crazier. I have 5 properties, but I have used all my money to purchase these properties at 25% d...
Matthew Rembish
Selling a Business and the Real Estate under it - What to do next
So a friend mine was approached to sell his auto body business along with the property and building. He has owned it for about 32 years and the offer is very attractive so he has been considering it as he had previous...
Jess Archives
Can I use an LLC to do business if the property isn't under it?
For example, I want to use the LLC when I do business with property managers, contractors, opening bank accounts, accounting, cash flow, taxes etc; but at the same time the properties for the mentioned transactions ar...
Artur A.
Can I put my property in LLC if I have a business under it?
I am selling on Amazon, thinking about purchasing LLC. Can I put my property in LLC if I have a business or two under it?