Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jim Chung

Jim Chung has started 14 posts and replied 96 times.

hello everyone, im in process switching PM. i ve 3 single family at KC area.im looking for reputable honest PM. any recommendation?

Post: My experience with USREEB - turnkey property

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

i agreed with Yin. I ve 2 properties with them and doing very bad management. Usreeb is shady., they are doing bad job. would not go with them again. no receipt or pic taken. just charging up the account. Be careful with them

Post: series LLC/ parent LLC

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

hi everyone, just want to hear opinions about structure series LLC

I recently open up a series LLC. I ve a master/ parent LLC ( ABCD property group, LLC) , then I also open up a subset series I ( ABCD property group, series I, LLC) which I'm planning to put the property into it. there will be separate bank account with master/parent and my series I. My attorney advise me property should go into series I, II, etc

the question I ve is what do ppl usually do with the master/parent LLC.. does it become a shell?

I read everything should keep separate between series with rent, repair, bils.. If that is the case..how do I flow money to the parent LLC? or do I need to ? I'm abit confused what to do with the parent /master LLC itself

thanks

Post: Duplex rented w/ yr leases in place! 24% ROI, 10.2 CAP. 7bd/2bd

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

I'd also like to see what you've got, send me an email at [email protected]

Post: 168 Units Property - Estimated $133,560/month Income

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

send me the info

[email protected]

wow, great job. very inspirational. thank you for sharing. keep us updated on your future endeavor

Post: INVESTOR NEEDED! 2534 E 68th Ter, Kansas City, missouri 64132

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

please send me info regarding the property

thanks

[email protected]

Post: Huge Inventory of PA Rentals for sale! Turnkey w/mgmt! 16% CAP!

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

hello

Please forward me your list. Thanks

[email protected]

Post: Commercial Loan Terms

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

any recommendation on commercial lender in cleveland/ and philly area?

Post: Excellent Flip in Lake Highlands! (Dallas, TX) $600k ARV!

Jim ChungPosted
  • Little Neck, NY
  • Posts 107
  • Votes 6

can you email me the address as well

[email protected]