I have been hearing and learning more about Self Directed IRAs. My CPA suggested I look into a ROBS account, (Roll Over for Business Startups) but I have to form a C Corp in order to do that. I currently have an LLC.I...
Hi all,I have a triplex rental property which I do not live in. I wish to do renovations on it. The lenders I've spoken to do not offer HELOC or home equity loans for triplex rental properties. I've only found cash ou...
Hello!
I have 4 rentals in Missouri and 4 in Kansas. I've heard a number of different suggestions on whether an LLC is even needed and/or just have umbrella insurance. I've decided to go the LLC route for protection...
Hello. I'm trying to get my purchase my first flip, but it seems everywhere I try to get some sort of loans can't because I don't have any experience in the game. I have also tried small banks but have been told by th...
Hello. I am a new investor and have not yet done any deals, but I am learning a tremendous amount on these forums and through the books introduced to me by this site and the members of it. There are still a few things...
Hi BP,I am looking to buy a multifamily with two friends in San Diego. Have to get more people on it since the high price in SD. Here is our situation Friend 1: Main Borrower. No Primary residence so this multifamily ...
In the past I've held properties in my name and received rents in my name at a generic mailbox and never had a problem. Also, I have umbrella policy that covers additional liability exposure for my properties. Now I...
I think behind tenant screenings and leases there is a quality of a landlord that's also as a person that is the respect for a good person and the intelligence of making fair affairs.
For me for ten years in the past...
Hello all,I currently own single family houses. My next step is to get into multi family. I see a debate between folks. Some say get start in 2-4plexs while others say to wait and get into the larger properties becaus...
Hello All,Hoping someone may be able to provide some information. I have a property that I am currently in the process of preparing. The deed was transffered to me a few weeks ago, it was a family property that was s...