All Forum Posts by: Jennifer Tsui

Keong Kam Suggestion: ask your lawyer & CPA about setting up a DST (Delaware Statutory Trust) as your legal entity for asset protection. I'm facing the same scenario as you- CA resident who wants to avoid $800/yr franchise tax (which an LLC would incur) while investing OOS. The upfront cost to setup a DST is more than an LLC, but the fees are far less from that point on.

@Bart H. Oh my goodness I had no idea... you described just what it's like out here in Silicon Valley! What neighborhoods are you bidding in? I suppose I shouldn't be surprised, given that the booming market is what is steering us all the way out to TX from CA... 

Thank you so much @Bart H. and @Nick Hughes ! My husband @Kevin Tsui and I actually booked our travel out to Dallas 10/6 - 10/8. We are still crafting our itinerary (likely tons of neighborhood driving during Sat 10/7 & a dinner with family that night). That said, we would LOVE to connect with folks for coffee/ breakfast/ lunch on Sat 10/7 and/or Sun 10/8. We hope to hear from you! I'll keep my eye out for meetups that weekend as well :)

Hi @Nick Hughes! Would you kindly add me ([email protected]) and my husband ([email protected]) to your distribution list? We live in California, and are planning to make a trip to the Dallas/ Fort Worth area in the coming months to casually connect with other investors in the area.

As an aside- what's the best BBQ in town for when we visit? This will actually be our first trip out! :)

Hello! I am a new investor seeking recommendations for the following in Dallas/ Fort Worth, TX area:

- Property Management
- Lawyer (Corporate & Real Estate)
- CPAs
- Real Estate Broker/ Realtor

- Wholesaler

Thank you kindly in advance for any recommendations you may have. If you fall into the above categories, my husband (and business partner) and I would love to meet you! We live in California, and are going to coordinate a trip to TX this fall to start meeting & networking with folks. 

Full disclosure: I/we are new to real estate investing, and are soaking up all the BP knowledge that we can. We are pretty certain Dallas/ Fort Worth is the market we wish to build a buy-and-hold business in long term. We are in the beginning phase of developing our business model. We look forward to hearing from you!

With Gratitude,

Jenn