All Forum Posts by: Jacob James

Quote from @Ty Coutts:

Hey Jacob,

It's great to have you here. LMK if you want to connect. I am an experienced LO and I also invest in RE myself. 

 Hi Ty,

Happy to connect!

Hello all,

I am interested in beginning my investment journey within the next 6- 8 months and start by building my network and learning from people that have already done it. I am interested in single family and small multifamily properties. I am also interested in forming potential partnerships to structure my first deal or two. Can't wait to connect with everyone!

Quote from @Rahul P.:

Hello everyone, i am based in california bay area. recently bought a house in  Sacramento CA. I am thinking to buy rental property in  Texas denton, Kyle, Buda. 

Need some help to understand YOY home value growth in those areas or any suggestion? where to buy rental property's in Texas.

Hey Rahul!

I am also looking to invest in a property in Texas, specifically San Antonio. I currently reside here and have been interested in structuring a partnership in order to structure my first deal, if interested, feel free to reach out. Hope to hear from you!

Hello! When will the next one be?

Quote from @Joe Hammel:

@Jacob James

Prime corporate services does LLCs cheaper than I’ve found anywhere else.

Metro Detroit has arguably the best balance of price/ROI/location in the nation. Love investing here.

@Drew Sygit is a solid option for PM

I would love to know why you vouched for this company? I remember reading this comment and went straight to them. Little did I know Prime Corporate is a scam company who charged me nearly $3000 just to get started with my LLC. They preyed on me as someone new starting a business not knowing what I was doing, which I am sure they have done to many other people. Curious as to how you figured they'd be a good option.

Hello everyone,

Not too long ago I posted that I was going to structure a partnership with my friend and that we are going to be investing in real estate together under our newly formed multi-member LLC. I knew from the jump that getting a loan through a new LLC is pretty much impossible, but just recently learned that if I were to get a property under my name I would not be able to transfer it to an LLC that is a 50/50 split owned by my partner and I. My question is, how should we go about getting these properties and then transferring them too our LLC? Is it as simple as both of us applying for the mortgages together on the homes and then transfer? I have read that some lenders do not allow it or would make us have to pay the remainder of the loan or find new lending. Any advice would be appreciated.

Quote from @Joe Hammel:

@Jacob James

Prime corporate services does LLCs cheaper than I’ve found anywhere else.

Metro Detroit has arguably the best balance of price/ROI/location in the nation. Love investing here.

@Drew Sygit is a solid option for PM

Thank you for that! Prime corporate is located in Detroit?

@Drew Sygit I appreciate your responses, and I see the benefits of an LLC, I will getting in touch with an attorney soon to discuss those options and I noticed you run a PM company, would love to connect with you as well.

@Wendy Patton

@Wendy Patton That sounds awesome, I will be in touch with you soon!