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Updated about 10 years ago on . Most recent reply

User Stats

9
Posts
7
Votes
Kyle Callahan
  • Architect
  • Boulder, CO
7
Votes |
9
Posts

Investment biz format

Kyle Callahan
  • Architect
  • Boulder, CO
Posted

Hi -

I'm new at REI. I'm just setting up now. I have a small architectural practice (an S corp) and need to isolate my REI endeavors. I have heard that it is best to set up a master corporation for REI in general, and individual LLC's for properties. Can someone provide me with info or a link to the best setup arrangement? My plan is to start flipping, then fix and flip, then hold, then develop very green, sustainable properties. Any advice or links to good strategy papers would be appreciated. Thanks! k

  • Kyle Callahan
  • Most Popular Reply

    User Stats

    9
    Posts
    7
    Votes
    Kyle Callahan
    • Architect
    • Boulder, CO
    7
    Votes |
    9
    Posts
    Kyle Callahan
    • Architect
    • Boulder, CO
    Replied

    The cost of entry into the Boulder Market is pretty steep.  So, I'm considering some of the communities on the periphery as first moves, or some of the more challenged communities in eastern CO (SE of Colorado Springs, NE of Greeley).  I am a committed sustainable architect (or I should be committed?).  For flips / fixers, I would need to at a minimum, for my conscience to be happy, add insulation to accessible places, such as attics, basements and crawl spaces, and install LED's in all of the built-in lighting.  For more intrusive (expensive) upgrades, if necessary, then windows, mechanicals, wall insulation, appliances, non-offgassing and recycled / recyclable finishes.  At the higher end, and thus unlikely at this point 'til I start developing my own projects, solar PV,  solar thermal, Ground source Heat pumps, etc.  My own home generates 110% of the electricity that we use, is outfit with LED's, a 95% furnace, great windows and insulation.

  • Kyle Callahan
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