All Forum Posts by: Kendra J.

Thank you both. Your responses are exactly what I was looking for

For the Commercial Agents, how does a new RE Agent start in commercial properties? Or is it something you do after time in the Residential market?

Thank you very much Bill. That has helped alot. We will be relocating to Houston which is why I have been nervous about working under my own name....i have heard some horror stories already. I will look into the Series LLC you mentioned. Thanks again.

I think I originally posted this in the wrong forum so I am posting it again here.
From the initial training I have had, I understand that it is best to have multiple corporations set up for individual strategies. One for Buy and Hold Investments and one for Fix And Flips. I also understand that it is best to have an umbrella company own the others for asset protection. My question is, which of these companies do I start incorporation and a business plan with? Since I am starting out, I am looking at wholesales and rehabs first. Do I start with the umbrella company then start the fix and flip company as a sub company? I am feeling like I am trying to solve the old chicken or the egg first question. I do not wish to start out without having a business plan and preferably incorporation (I.e. LLC) in place.

From the initial training I have had, I understand that it is best to have multiple corporations set up for individual strategies. One for Buy and Hold Investments and one for Fix And Flips. I also understand that it is best to have an umbrella company own the others for asset protection. My question is, which of these companies do I start incorporation and a business plan with? Since I am starting out, I am looking at wholesales and rehabs first. Do I start with the umbrella company then start the fix and flip company as a sub company? I am feeling like I am trying to solve the old chicken or the egg first question. I do not wish to start out without having a business plan and preferably incorporation (I.e. LLC) in place.

My son has a basketball game back home in College Station at 6:10 pm. I will work on attending the next event. I would love to meet all of the Houston Investors

Question to those who have their licenses...after the license exam is passed, what is the next step? Are you on your own looking for a broker to work with? I am in Texas so I am not sure if the process is different state to state.

I love all of the feedback on this topic. I am glad I am on the right track on deciding to get my license. Seeing as though I plan to get into Flipping and Commercial deals one day, I believe this decision will be well worth it in the end. Thanks everyone

Thanks everyone for your feedback. I guess I need to start looking at Brokers in this area since I will have to work with one.

@Wayne brooks no. It means i am having a hard time running comps since the sale price is not made publc.