Because asset protection is a high priority for me I've kept everything I've done until now in an llc. However I've been thinking about financing, and the very cheap and long term fannie/freddie loans are enticing. To...
Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...
As of late, I have been receiving a slew of colleague requests with no accompanying message of introduction. My personal practice is to ignore such requests and I apply it consistently just like tenant screening - so...
Hello All.I’m going to start an LLC to buy an investment property in San Diego,CA. I need an LLC for access to funding (hard money or otherwise?) and I’ve been told starting an LLC in Wyoming is beneficial. As state...
Hello BP community,
I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
Does it go straight to the bank? Invested in CD's or a ...
Hi everyone. It's looking like 2018 is the year I pull the trigger on purchasing a multifamily. I understand the the pros and cons of holding a property in an LLC - better asset protection should there be a lawsuit ...
I'm an early retiree from the airline business, investing my retirement assets in a self directed IRA. To date I have written 3 private loans at good LTVs and am very pleased with the results. I would like to get mo...
Hello BP! I am a new investor looking for properties under $100k to buy and hold in Florida. At this time my main goal is cashflow. The market in my area -South Florida- is out of my price range, so long distance inv...
Ive been re- looking at all finance options for flipping and multi units. Banks, Portfolio Banks, Local Mortgage Companies, Nationwide Mortgage Companies... Ive used banks, local portfolio banks, credit unions & l...
It might just be me but I'm very leery in trusting people... especially if I've only every interacted with them online. This might be due to my current career in IT as we are trained to not trust ANYTHING online. Ho...