Robert Caccire
Confused - Umbrella policy vs. LLC setup for protection on properties
Will an umbrella policy be enough to cover a lawsuit when owning multi family and commercial properties? Or is both needed when we have a lot of equity invested? Also, for each property should they have their own umb...
Patrick McGeough
Our first try.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,000
Cash invested: $15,000
Small duplex in the middle of the city we live in. Mortgage payment is 400/mo...
Julie J.
Paying off mortgage
Hello allI am looking into buying $700k home in San Francisco within the next 2 years.I have $160k in cash to use it for downpayment or pay off current rental home.My question isWould I be better off paying off rental...
Jason Barnett
GL structure for RE investors?
I'm trying to set up my accounting General Ledger (GL) for my rental company (I manage / operate a 4-unit apartment building). Could some other folks here give me some feedback and let me know how you set up your cha...
Vitor Rodrigues
Put rental properties into LLC when moving abroad?
Our family is moving abroad for a few years, and I'm questioning whether it would make sense, and what would be the benefits, of putting our rental properties in an LLC. It's 2 properties, single family homes, in the ...
Jesse Scheidel
Keep or sell primary residence
Good afternoon! I'm coming up on my two year mark in my primary residence and I'm debating if I should keep it or sell it. It's in Grand Rapids, MI for reference. It is in an A location however, a large apartment com...
Robert J.
How would you structure this?
Hi guys!So i've been actively prospecting while trying to find wholesale/ flips and I found a seller today who owns a duplex he said he's trying to eventually wash his hands of. He mentioned that he's concerned about ...
Mike Hoslar
Provide private lending to refinance existing rental property?
Hi, I have two rental properties in Calfiornia that are held in a LLC that is shared with me and one other partner. I financed both of these properties with traditional 30 year mortgages that I obtained from a bank. ...
Sergio B.
Ready for Second Deal--> How to "recycle" my money?
I am almost done with the rehab of my first foreclosure, and I will be holding it and renting it out. Paid 58K + around 10K for fixing it ( no finance- used my own hard saved cash)
Now, the question is, whats the bes...
Tiffany Durr
What to do with a property worth under $40,000 w/no mortgage
I currently have a home in a small town in the deep south that is worth about 40,000, if that. I inherited the property, it's a lil shotgun house and it doesn't have a mortgage. Trying to see how I can use it to grow ...