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All Forum Posts by: Rahul Raj

Rahul Raj has started 2 posts and replied 3 times.

Post: First rental SFR - Thanks to BP community

Rahul RajPosted
  • Rental Property Investor
  • Bay Area
  • Posts 4
  • Votes 1

@Kim Meredith Hampton/@Nathan Gesner .Thanks for your input. I am hearing the LLC setup gets clunky and becomes a nightmare to manage once your start scaling to more properties.

Also, I am a California resident(taxpayer) and was told by my CPA that we have to pay franchise taxes (800 per year) for LLC setup in other states. 800*(5 LLC's) =4000$ a year :(

I am hoping there is a better alternative  :)

Post: First rental SFR - Thanks to BP community

Rahul RajPosted
  • Rental Property Investor
  • Bay Area
  • Posts 4
  • Votes 1

Hi All,

I live in bay area(SF) and secured my first out-of-state SFR rental property a couple of months ago and in the contract for another out-of-state property.

Got really lucky in this crazy market. This would have not been possible without the BP resources & podcasts. Thanks!

Seeking some input from this group if I should set up any legal structure now or wait until I have acquired more properties.

Your input is greatly appreaciated.

Post: Bayarea realestates - meetup

Rahul RajPosted
  • Rental Property Investor
  • Bay Area
  • Posts 4
  • Votes 1

hello Everyone,

Are there any upcoming bay area( San Francisco/San Jose) bigger pockets meetups? 

Look forward to meeting local bay area real estate investors.