All Forum Posts by: Charles Thurber

Hello!

My girlfriend and I are looking to buy our first single family home in the Phoenix area this April. This will most likely be our primary residence that we will occasionally have to rent out ( AirBnB or VRBO) for when we are out of town for extended periods of time for work. Where would be a good place to invest?  We are open to all of the Phoenix Area ( Tempe, Chandler, Mesa, Peoria). It would be nice to still have access to walking paths, shopping, restaurants.

Thanks for your help!

Charley and Kia

Hey Charles! My name is Kia, I saw your old post regarding bandit signs. Did you ever figure out if they are allowed in Phoenix and surrounding areas? Did you try putting them up on Friday and taking them down on Sunday?

Thanks for your input!

Kia

Hello, looking for an opportunity to learn from established investor by working for them first-hand. 

Would anyone know of investors in the Phoenix/Scottsdale area who are looking for or may benefit from having an assistant?  

@Matt Horwitz this is great!

I am definitely planning to be-safe and register an LLC for each state.

What is the ideal-way to register the parent-LLC (holding company) in this situation? Would it be registered in a specific-state or is there a way to register to cover the child-LLC's in multiple states?

@Christopher Phillips Thanks for your response.

Residential

@Ali Boone Hey Ali, thanks for responding. Yes, I am looking at starting LLC(s) because I'd like to invest in both rental properties and homes.

My situation is a little more complicated as I'd like to invest in multiple states.  I want to make sure that I am researched and covered legally.

@Account Closed so it seems wway more beneficial to register in each state although not necessary...?

Hey @Account Closed.  That's great advice.  I appreciate you sharing and will definitely check out on google/youtube on asset protection!  How long have you been investing in real estate?

Hey guys,

When considering a property - Is there a specific formula that will always yield a number on what the property value is to you.  If so, what are you looking for?

Further, how about location value?  What are the best ways to research how values may increase or decrease in specific areas?

Are there any reliable and consistent plans to use for the best selection of properties?

@Matt Horwitz, Yes!  This helps a bunch!  

One last question; would forming an LLC for each property be recommended? (as opposed to just in each state)

My line of thinking would be that liability from each property would be limited to that property alone.  If something were to happen, other properties would be unaffected..?

Thanks for all of your help!