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All Forum Posts by: Ray Corkran

Ray Corkran has started 2 posts and replied 59 times.

Post: Are there any agents in MD or DC who run their real estate business under a DBA or LLC?

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hi @Dacia Bell . I'm an agent in Baltimore and I have an LLC. So when I get paid from my broker the checks are made payable to my LLC. Now, with that being said it has nothing to do with my personal branding. I'm not looking to open my own brokerage so the name of my LLC isn't specific to a "Real Estate" company. It's more or less generic so I can use it for many of my endeavors. For better direction I would talk to your accountant about it; reasons for doing it and maybe reasons for not doing it.

You can always shoot me a message with any questions.

-Ray

Post: New from Baltimore Maryland

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hi @Becky Welling welcome to BP! You have found a great resource for your future real estate investing. As @Ned Carey said, check out the guide and the podcasts. I really enjoy the podcast, hearing the interviews with people who are involded in REI are great and motivating! Best wishes

Post: No Disrespect to Baltimore But Really?

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hi @Maggaline Robinson welcome to BP! Check out the podcast's you will love the interviews. Best wishes!

Post: Rude or Acceptable to Go to an Agent for a $25,000 property?

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hey @Account Closed speaking as an agent myself in the Baltimore area... It's what we do, as posted before it's their choice as to or not to work with you. With that being said I know of agents who turn their nose to working with investors, usually because of a past bad experience not because of a low commision.

I understand the concepts and enjoy working with investors on lower price properties and well as higher priced ones. Maybe because I see the bigger picture and want success for all parties and I also know that if the first deal goes as planned there are usually more to come! So with that in mind I always offer to help as much as I possible can. It's my nature and I'm an investor as well.

Sooooo.... don't worry about it and ask an agent to help, its' what we do! Worst they can so is no, and if they know another agent who works a lot with investors they will usually refer you to them. That's what you really want anyway, an agent who is used to dealing with investors, we are a different breed and see things differently.

Read this blog post from @Joshua Dorkin (btw, great post Josh)

The Real Estate Agent’s Ultimate Guide to Working with Investors

http://www.biggerpockets.com/renewsblog/2013/08/24/real-estate-agents-working-with-investors/

It will enlighten you and best wishes on your real estate investment journey!

-Ray

Post: New member intro from Maryland

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hi @Jeremy Paris welcome to BP! Ton's a great information here to look at. Check out the podcast if you have not already. As mentioned the local REI's are a great place to network and help move forward.

Post: Hello from Baltimore!

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hey @Bart Elder ! I'm right up the road from you in Fallston. Glad to have you here, I enjoy talking with local investors and see what their interests are. As @Ned Carey said setting up the keyword alerts are a great way to keep up and see what going on locally. I also enjoy the podcasts and they are a great way to listen to real experiences from people all over the country.

Post: Newbie from Aberdeen, Maryland

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hey @Lorin Hinton I was thinking back a several months ago and we were talking about RE investing on the phone and you were like hey I found this great website full of information called BiggerPockets! I about dropped the phone because I had just stumbled onto it myself a few hours earlier and was going to tell you about it. Funny how things work out.

Post: Need some help getting my training wheels!

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hi Travis,

Sounds like you have a good opportunity in the making here. You mentioned some techniques that have worked in the past and still do. I'm Baltimore just about everyday, if there is anything I can do to help let me know.

-Ray

Post: Introducing ................Matt from severna park md

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hi Matt, Great to have another member from Maryland here. Sounds like you already have a bit going on, that's good to see. I spent this past Saturday by the docks in Annapolis and had a great time. I love it there.

Most of my business however is in Baltimore. If I can help with anything let me know. Be sure to check out the podcasts if you haven't already, great interviews with people doing what your doing.

-Ray

Post: Hello from PA

Ray CorkranPosted
  • Involved In Real Estate
  • Baltimore, MD
  • Posts 62
  • Votes 8

Hi Li,

I also love the podcast's.. They are great to listen to while commuting I really do get a lot out of them. Best of wishes on you real estate adventure!