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All Forum Posts by: David Rupp

David Rupp has started 14 posts and replied 106 times.

Post: Oppinions on when to start an LLC

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Thanks @Greg W. and @Brooks Rembert. I called the Secretary Of State's office, and they said there really is no difference if an attorney fills out the paperwork or not. I couldn't think of any difference myself, but the person who told me that is way smarter than me, so I figured I would check it out. Should have called the SOS's office first I guess.

I know that I don't need to have a company for people to take me seriously, but if by just having an LLC and a "uniform" I stop getting the "your so young" line, it would be worth it to me. It would remove one objection right out of the gate.

Post: Oppinions on when to start an LLC

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

I know what your all thinking, "not another LLC question," but hear me out on this one. =)

I was listening to Michael Quarles podcast the other day and he started talking about getting some Nike polo shirts with your company logo on them as a way of advertising. It got me to thinking however that it might be a great way for me to appear more professional. The fist thing out of every sellers mouth (except one) when I step out of the car is "wow, your young." I know that doesn't affect anything, but I am wondering if I can kill that objection for them before it is posed. 

My previous plan was to wait until I had some deals under my belt before I started an LLC, but now I am thinking I should just do it now. It would allow me to have a company name behind me, and give me more legitimacy when I step out of my car to meet a seller.

My questions are, does this make sense? And, should I file the paperwork myself or hire an attorney to do it for me? I have heard people say that they hired an attorney to do it for them just in case they were ever sued, thinking it would give them greater legal standing then if they had done it on their own. Is there anything to that? 

Thanks,

David

Post: Slate Roof

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Yes I will have to take a look at it. I am hoping to get a contractor out there in the next couple of days. It is just a small home (1100 Sqft) so there is no trap door that I could see. 

I really appreciate the help,

David

Post: Slate Roof

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Hey Guys, 

Thanks for the input. I just found out that it has had some maintenance in the past 8 years and I already thought it looked like it was in good shape, so I think I will just leave it. 

Thanks,

David

Post: Slate Roof

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Hey Everyone,

I am looking at a house with a slate roof, and am wondering if anyone has had any experience doing a flip with one. Did you replace it? Or if it was in good condition, did you leave it? 

Any help would be appreciated.

Thanks,
David

Post: Newbie from Columbus, OH

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Hey Shawn, welcome to the forum. Remember to set your keyword alerts for Columbus Ohio, we have a pretty active community here. 

David

Post: Columbus Ohio Meetup - Featuring Ben Leybovich --Creative Finance Special! FREE

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

@Ben Leybovich  Believe me, I'm looking at your course. I may have to pull the trigger.

Post: Columbus Ohio Meetup - Featuring Ben Leybovich --Creative Finance Special! FREE

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Awesome time last night guys. Thanks to @Steve Baldwin for putting it together, and thanks to @Ben Leybovich for driving all the way up to the "arm pit of the world" to talk to us last night. I was on the computer the first thing this morning researching things I learned last night. 

David

Post: Would A Real Estate License Help?

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Thanks for all the responses. @Stephen Brown I am very intrigued by the whole wholetail thing. Is that a strategy you are able to use consistently? I looked into the flat-fee MLS, I like it.

@Greg F. Thanks for the input, maybe it would be a good idea to just get consistent deal flow coming in, before I even think about getting a license, since I am focusing on direct mail anyway, and have a realtor keeping an eye out for any deals on the MLS. Also since I live about 45min from my market, I wouldn't want to list my flips as the time to show them would be immense if I had to drive almost an hour every time someone wanted to see the property.

Thanks,
David

Post: Would A Real Estate License Help?

David RuppPosted
  • Rental Property Investor
  • Columbus, OH
  • Posts 117
  • Votes 16

Thanks Steve, I'll give you a call tomorrow.