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Updated about 4 years ago,

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Jacob Bset
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Re-Forming an LLC from Ecommerce to REI

Jacob Bset
Posted

Hello, I'm new to the REI world but I have an LLC in my name, however it's not structured properly for me to begin doing business in real estate investing. For starters, I am only learning Wholesale strategies to begin with to build some earned income and familiarize myself with the business and obtain a network of individuals with a similar mindset in creative investing.

A little bit about my current situation. I began experimenting with entrepreneurial world about a two years ago and I have had a bit of experience in Muti-level Marketing, crypto-currencies, and most recently Ecommerce through a Ebay store. I had been mentored by a young entrepreneur who had a course laid out on how he became successful in Ebay selling. I did not have the mindset or the time required to build what I wanted in that niche but in the process I did form an LLC to operate.

Fast forward to now, I have a running LLC that is sitting idle through Legal Zoom and I'm basically waiting for the license to expire but I do not know what to do when it does. I understand that I need an LLC to operate safely in REI and have been through some classes that explained several concepts about how to structure them to stay as SAFE and ANONYMOUS as possible. If anybody on BiggerPockets could point me in the right direction to help me find a professional to help me structure my business in a way that suits my needs, I would be much appreciative.

Sincerely, 

Jacob Best

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