All Forum Posts by: Eric Jan

Any issues in Maryland doing wholesaling while being a realtor from a legal standpoint?

Hi BP,

Any recommendations on RE attorneys or CPAs that specialize in Real Estate in Maryland? I'm in the Rockville/Columbia/Frederick Area. 

Is there a book anyone would recommend on asset protection?

Adam, is this property still available?

Any suggestions on where to hang my license in Maryland if my primary goal is for handling my own deals? I would also like to take part in some transactions as a listing or buying agent. I'm currently listed as a referring agent but would like more experience. Thanks!

Ralph R. Whoa I worked at the Kuskokwim hospital in Bethel! I just bought an out of state turnkey and it's been a breeze so far. I drove to their office and walked a few of their properties to get a sense of the area.

Hi Ryan! Great meeting you. We're in a similar boat and looking to also buy and hold. I've started to attend the local REIA and I found it's a great place to start building connections. Let me know if you're interested!

Thanks everyone for your responses. I'm considering cashing out some stocks since things are pretty much at their 52 week highs and our roth IRAs

Could I get some advice on priority when it comes to student loan debt vs saving for a cash-flowing property?

Our combined student loan debt is hovering around 250k with avg interest of 6%

Avg household income is around 130k

Currently house hacking- breaking even

The issue is, if we concentrate on paying the student loans first (gazelle intensity) we'd be able to knock out the loans in about 4-5 years. We'd also shorten our financial runway to buying REAL ASSETS (cash flowing properties) thus pushing back our timeline.

Any advice is welcome!

Does anyone have any experience with purchasing a home for your children with their name on the title? The plan is to purchase a home and the would be their college fund. What are some pitfalls and surprises you ran into with this method of investing?