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All Forum Posts by: Jeremy Luster

Jeremy Luster has started 7 posts and replied 18 times.

Post: Need creative ideas to secure deal

Jeremy LusterPosted
  • Investor
  • Atlanta, GA
  • Posts 18
  • Votes 6

Thank you very much @Jeff Filali for the great advice and knowledge.  I like the option to purchase advice so will be looking into that.  Once again, thank you for such a great reply and appreciate your time

Post: Need creative ideas to secure deal

Jeremy LusterPosted
  • Investor
  • Atlanta, GA
  • Posts 18
  • Votes 6

Hello BP,

My wife and I have finally decided to get off the sidelines and begin building our rental portfolio. We've spent the last few months educating ourselves and trying to follow most of you guys amazing advice so we're very excited. I'm hoping we can get some help/ideas from some of you. As mentioned, we waited months before deciding to invest with a turnkey company. The property is new construction in a very promising area with a great school district and it's under contract. Shortly after ordering the appraisal, home inspection, and sending our EMD, we were presented with another great opportunity. This new opportunity would cash flow north of $500/mo and I'd really hate to pass it up. We asked our lender if we could possibly close on both properties but she made it seem like it would be too much work. Assuming we can't enter a new contract until the first is closed, how could we structure a deal with a partner where he/she would purchase for now, then maybe we could acquire it later? I have a family member and friend that I know have the money but not sure how to present or structure the deal to make it attractive for them.

Any advice would be greatly appreciated.

Thanks,

Jeremy

Hello everyone,

My wife and I are just getting started on our rental portfolio and want to get things set up right through an LLC to be as protected and efficient as possible. We talked with one company and it sounded good but was pretty expensive. How much does it typically cost to set up say a Will, Trust, and LLC professionally? Should we be searching separately for an attorneys and CPA's that specialize in real estate? Or maybe just a company who specializes in it all? We're currently in GA and would love to hear any advice or recommendations to assist. Thank you

Hello everyone, 

My wife and I are just getting started on our rental portfolio and want to get things set up right through an LLC to be as protected and efficient as possible. We talked with one company and it sounded good but was pretty expensive. How much does this typically cost to set it up professionally? Should we be searching for local attorneys and CPA's that specialize in real estate? Or maybe just a company who specializes in it all? We're currently in GA and would love to hear any advice or recommendations to assist. Thank you

Post: Newbie from Atlanta, GA

Jeremy LusterPosted
  • Investor
  • Atlanta, GA
  • Posts 18
  • Votes 6

Thank you @Michael Marchman

Post: Newbie from Atlanta, GA

Jeremy LusterPosted
  • Investor
  • Atlanta, GA
  • Posts 18
  • Votes 6

@Brenden Mitchum 

Thanks for the wonderful welcome and advice. I'll definitely be in touch

Post: Newbie from Atlanta, GA

Jeremy LusterPosted
  • Investor
  • Atlanta, GA
  • Posts 18
  • Votes 6

Thank you Andrew

Post: Newbie from Atlanta, GA

Jeremy LusterPosted
  • Investor
  • Atlanta, GA
  • Posts 18
  • Votes 6

Hello everyone,

My name is Jeremy and I currently live in Canton, GA.  My wife and I have recently decided to go all in with real estate investing and are eager to learn as much as possible.  We've had one rental property in the past that was a success but unfortunately sold it years ago.  We're currently looking to purchase more rental properties to get back in the game and to start generating passive cash flow.  We'd love to make as many connections as possible but we're particularly interested in connecting with wholesalers in the Atlanta area.  Like many of you, we have big dreams but realize it takes time, effort, and great mentors to help along the way, so that's what we're hoping to find.  Any advice or encouragement would be greatly appreciated.  

Thanks for having us and we look forward to meeting you