All Forum Posts by: Aaron A Bitto

What are some tips for finding Investor friendly real estate agents that understand as an investor I am looking for Investment deals or opportunities and not necessarily market value without offending them? I am considering becoming a licensed agent myself - I feel the benefits to an investor of pursuing a license outweigh the costs and/or lack of experience of an excellent professional real estate agent.

@Benjamin Seibert

Sounds Good Ben Thank You... I just wasn’t sure if there was a estimated % or $ amount that an investor would use before they made that first purchase but as I am thinking through this and typing it I am realizing that the Analysis that you put into the property before you even make an offer would provide you with an answer as to whether or not you should set a little more aside before you make the deal and/or walk away because it’s not worth it... So I should stop asking “Newbie” Questions and Start practicing Analyzing Properties Lol Lol... Thanks Ben!!

@Frank Patalano

Thank you Frank... appreciate you advice as well as all of the time, consideration and effort you have put into replying to all of these Posts... Absolutely Awesome!!

Trying to prepare my Strategy for my first purchase and one of my categories is a Safety Fund before I make my first purchase over and above all my calculations for my expectations from my first purchase. Is there a “Rule of Thumb” either amount of money and/or percent of the purchase of your first Investment that you build into the calculations for your first purchase??

@Frank Patalano

Nice to meet you Frank... Thanks for the Post!!

I am brand new to real estate investment been reading and investing in a great deal of books, podcasts n education. Been on the BP Community multiple times daily reading the posts on various topics and I realize how very little I know about what I am very passionate about. I believe what’s holding me back is getting out of neutral!! I am in a furious mode of knowledge gathering that I am kinda stuck in “Where do I start mode”. I feel I need to define my strategy a little better. Although I am learning and getting some great ideas, advice and honesty from some of my posts in the BP Community I still feel that I am not doing enough. I am just starting to establish core members of my team( CPA, Attorney, Real Estate Agent... ). I am just starting to create my brand with a Business Name & Business Cards. It just seems like I am overthinking things in some areas and not doing enough in others... Anyway Thank you very much for the Discussion Frank.

Thank you Trevor... very much appreciate the Honesty along with solid advice that is extremely helpful!!!

@Gary Ri

Great Info Gary... Thank You!!! Would have never thought about consulting with CPA before structuring the LLC... so many intertwined threads between "Key Team Members"... so much invaluable information so many unselfish individuals truly trying to help one another... What a Great Forum!!! I really don't mind making mistakes along the way but this topic is where I absolutely want to avoid them at all costs. Maybe there is no "Wrong Answer" here and it's more of a personal preference but I am liking the idea of creating the LLC not only for peace of mind and protection of my assets but also seems like a perfect opportunity to find two key vital team members!!! THANK YOU!!

Thank you DJ I was very much hoping for an Attorneys perspective on the benefits of LLC's I this Thread... I can't Thank you enough. I really didn't realize that there are also different rules for LLC's in different states!! Again please forgive my "Newbie" question here but when I get to the point where I have Multiple Assets do I need to have a separate LLC for each Asset or are they all listed on the same LLC... For Asset protection it would seem that I need a Separate LLC for each Asset???

@Curt Smith

Thank you Curt... Very much appreciate the “Positive” approach to Market Selection - 17 pages of Positive Real Life Action. I very much relate to your beliefs and standards in your approach to Rental Investments!!! Greatly Appreciated... Thank you!!!

@Caleb Fledderjohann

Thank you Caleb... Great Info!!