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Updated over 10 years ago,

User Stats

54
Posts
18
Votes
Gretchen Roberts
  • Investor
  • Knoxville, TN
18
Votes |
54
Posts

New member from TN and a couple of noob questions

Gretchen Roberts
  • Investor
  • Knoxville, TN
Posted

Hi everyone! I'm Gretchen, from the Knoxville, TN area. I've been lurking for awhile here on BP, am reading all of the books Brandon Turner has ever recommended, and am slowly starting to narrow down my interests and goals. Currently working as a digital marketing director for an agency and saving up some investment seed money to get started. 

LOVE these forums and BP's blogs and podcast--what an incredible source of information and community. I plan to be here a long time, though I'll stay quietish at first as I learn the ropes.

I do have a couple of beginner questions I'm hoping someone can chime in on.

1. I'm reading Ken McElroy's ABCs book right now and he recommends getting on mailing lists for multifamily pro formas so I can practice crunching the numbers down to creating an offer. Great idea--but I'm unclear how to get on the lists and who sends them? I checked some local commercial brokers' websites but didn't see anything like that.

2. I know the LLC vs sole proprietor vs. corporation debate. My question is this: in a previous business, I had an LLC in Wyoming rather than in Tennessee due to TN's onerous paperwork, bad website, terrible gov't customer service, and higher fees, all of which I experienced in an earlier TN LLC. If I invest in TN, is it fine to have my LLC in WY? (I know I might have to talk to a lawyer but would love to take the BP temp on this one.)

Thanks and glad to be here!

Gretchen

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