All Forum Posts by: Curtis K Thomas

Hi Ali, thank you so much for that information! I will definitely be sending you a message shortly!

Hi everyone! We are just starting out in the investment world. We are at a personal crossroads in where to start. We currently live in California, but do not want to invest here. We do not think we have enough capital to invest here, and are thinking about investing out of state. However, we do not have any experience in real estate and are not sure if that's a good first move. Our capital is aging though and we are feeling the pressure to get into the industry before we've put ourselves in a position with even more capital limitations. What are thoughts on investing out of state with minimal/no experience? Does it make more sense to search for a good deal in California to start out and gain some experience? Any advice or any experiences that relate to where we are would be extremely appreciated. Thank you all!

@John Kesner This is awesome feedback specifically that you can relate to being in my exact position before purchasing the first unit. I really appreciate you offering that up so that I could potentially be in a better starting position!

Hi all,

My Name is Curtis, my girlfriend are I are ready to purchase our first property less a few particulars. Our current critical path includes starting our corporation first before purchasing the property.

Our initial understanding was that its value added for many reasons to have your investment properties help by your corporate entity, however, recently I was told california will no longer allow this. Technically this wouldn't completely halt the planning if its true as we were looking to incorporate in Nevada, but, we are hoping if someone can give some insight on whether or not its absolutely essential to get that corporation started first, and if you could offer the pros and cons of holding your property under the corporation.

-Curtis