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All Forum Posts by: Adam S.

Adam S. has started 5 posts and replied 6 times.

Post: Basement company in Liberty, MO

Adam S.Posted
  • Weehawken, NJ
  • Posts 6
  • Votes 1

Hi

Im looking for a good recommendation for a basement company to help with a sump pump install in the Liberty, MO area. My PM got a quote for $1500 which seems extremely high.   

Thanks!

Post: LLC vs personal name when closing on property

Adam S.Posted
  • Weehawken, NJ
  • Posts 6
  • Votes 1

Hello all,

When closing on a property with a conventional loan (under your personal name) - which bank account (LLC or personal) do you pay bank fees, title fees, downpayment, etc?

I am just confused b/c conventional loan can only be under personal name and it seems most transfer title to LLC for liability protection after closing. But prior to closing - do all payments need to be from personal account? Or can you use your LLC account?

Thanks!

Adam

Post: Looking for investor agents in Kansas City MO

Adam S.Posted
  • Weehawken, NJ
  • Posts 6
  • Votes 1

@Larry Fried I'm looking for a C+/B- property to rehab to a B+ value.

Post: Looking for investor agents in Kansas City MO

Adam S.Posted
  • Weehawken, NJ
  • Posts 6
  • Votes 1

Hello,

After much research - I've decided to invest out of state (OOS) in the KCMO market.   I'm looking to assembly a team for an out of state (OOS) investor.   Looking for investor friendly agents, loan (bank) recommendations, PMs.   I want straight shooting people.   People who tell the truth and know the market.   PM (or connect) to discuss.  

-Adam

Post: Newbie looking to invest in either Kansas or Indy

Adam S.Posted
  • Weehawken, NJ
  • Posts 6
  • Votes 1

Hello all,

After much reading (lots of BP books, etc.) - my wife and I have finally decided to get on board with REI. We currently live in the NE (NJ) where it's almost impossible to cashflow. We are starting to think heavily on investing out-of-state. We played with the idea of investing in Pittsburgh and now are looking more towards the midwest - mainly the Kansas or Indianapolis areas. We are just a little nervous about out-of-state investing (especially since we are beginner investors).

I would love to discuss more with any investors in these areas (especially if you are also an out-of-state investor).

Thanks for the time!

Adam

Post: Rental property investing while renting yourself

Adam S.Posted
  • Weehawken, NJ
  • Posts 6
  • Votes 1

Hello All !

My wife and I are looking to start diversifying our portfolio with real estate. I've been on the BP forum and reading lots of books to educate me on this venture.  

We both have very secure jobs with good income.   However we also rent and will con't to rent for the next year or 2.   Is it wise to start investing in real estate (rental properties) without first purchasing a primary house?  

We are in no rush to purchase a house.  

Thanks!

Adam