All Forum Posts by: Anna Kay

I live in California and need to form an LLC to get DSCR loans. I do not plan to buy property in California with that LLC or conduct any business activities with it. I will be hiring property managers to manage the properties I purchase out of state. If I form an LLC outside of California do I have to form an LLC in California also?

Caveat that I'm less concerned about liability protection as

-I plan to get an umbrella policy

-I don't think it makes sense to pay the annual $800 LLC fee to CA unless absolutely necessary

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Has anyone used REI Game Changers? Can't find many reviews for them online, and would love you hear your testimonial if you have one!

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For those who are doing text message marketing for off market leads, what texting services do you recommend?

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Originally posted by @Jill Dunican:

Hello BP. We recently found the DNC project (https://www.thedncproject.org) that will DNC scrub up to 5k numbers for $35, so pretty cheap. Initially we registered with the FTC to get the DNC lists for the area codes we work in, but found that the CSV files were huge (over 1 million rows for just one of the area codes), far exceeding what you can do in Excel. So the next step was to find a scrubber that we can just upload our skip traced numbers to and get results back. With the Y/N results, we simply created a new tab in our prospect lists in excel and used a VLOOKUP formula to insert the Y/N in a new column next to each number. I'd prefer a option for skip trace with a DNC scrubbing already completed, but the extra 10 minutes of file prepping is not too bad.

Rich & Jill

Thank you Jill & Rich, that is so helpful!

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Austin, Texas

Hi @Brad Hammond: do any of the lenders you're referring to accept 20% down or less?

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Hello, I live in CA and looking to buy investment properties in Indiana. I'd like to put 20% down or lower, which isn't possible with Fannie/Freddie. What recommendations do you all have for finding a credit union (or other lender) that's easy to join, services Indiana, and requires 20% or less down with a fixed 30 yr?

Thank you!

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All Forum Posts by: Anna Kay

Anna Kay has started 4 posts and replied 6 times.

Post: Do I need to get a CA LLC for out of state rental properties?

Post: REI Game Changers Reviews

Post: Need a Texting Service

Post: Skip trace + DNC Scrubbing

Post: Interest rates for investment properties

Post: Out of State Financing