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All Forum Posts by: Kennan Schwartz

Kennan Schwartz has started 4 posts and replied 11 times.

@Evan 

@Evan Polaski @Wayne Brooks, You guys are right on the wholesaler part, which I knew. If anyone is interested in a home renting for 1200 a month and tenant also pays all utilities, let me know. I need to be out of this before end of March. 

Thanks guys, and yea i forgot to mention they never sent the earnest money like stated in the contract. pretty annoying

Hey everyone, I am selling a home down in Indianapolis, and have signed a purchase agreement with another investor 2 weeks ago. We are supposed to close by next Monday, Feb. 21st. 

Almost immediately after the purchase agreement was signed, this investor stopped responding to phone call, text, and email, even though before we signed he would reply often within minutes to any message. Has anyone ever been in this situation? What did you do? I HAVE to be out of this house by the end of next month for personal reasons. The tenant has been good and pays 1200 a month and utilities. 

Thanks for any advice you can offer.

Hello everyone, I am considering refinancing a home that was recently finished being rehabbed. I keep coming across this company and they claim to be able to help with all kinds of loan products on their website. Has anyone heard of them/used them before? Thanks

MCapital Holdings LLC

https://mcapitalllc.com/

Or, if anyone has had superb experience with anyone else, I would appreciate recommendations as well. The property is in Indianapolis, IN

Post: Indiana V.S. Ohio LLC (or Series LLC)?

Kennan SchwartzPosted
  • Dayton, OH
  • Posts 11
  • Votes 1

Hey everyone,

My father and I have finally decided after about a year of discussion to move forward with real estate investing. We are starting with fix and flips and eventually going to get into rentals. Do any of you have any advice on traditional LLC vs Series LLC? I live in Ohio, and father lives in Indiana and we plan to start looking for deals in both states. Therefore, are there any notable pros and cons to setting up the LLC in Indiana or Ohio? I want to lean towards Series LLC due to the nature of it being easier to setup new "child" LLC entities under the main "parent" LLC, if i am understanding how it works. Thank you for any and all guidance and advice!

That looks great, keep us updated when you get the long term mortgage details finalized for updated numbers, if applicable.

@Joel Florek, Hey Joel! Thank you very much for this post. It is a great inspiration to me! I am a recent college grad who is practically drowning in student debt. I would love to continue learning and eventually using Real estate investing to climb out of my hole. No more debt for me, I would love to follow your example and build up rental properties of my own someday!

Post: Networking in Indiana

Kennan SchwartzPosted
  • Dayton, OH
  • Posts 11
  • Votes 1

Thank you for the kind words everyone. I look forward to being able to start investing asap!

Post: Networking in Indiana

Kennan SchwartzPosted
  • Dayton, OH
  • Posts 11
  • Votes 1

Thanks for the replies everyone! I requested access to the FB page, and I will see you on the 21st! Also Brett, I actually called simple wholesaling and talked to Jaren for awhile a few days ago! He has my email and mentioned potentially going through your course as/when you get it created. Thanks for the posts!

Post: Networking in Indiana

Kennan SchwartzPosted
  • Dayton, OH
  • Posts 11
  • Votes 1

Greetings everyone, my name is Kennan Schwartz. I am a recent college graduate who has recently learned about the opportunity real estate investing can offer. I live in Bloomington, IN and I am greatly interested in finding members who I can network with. If anyone is in Bloomington or the nearby areas, let's communicate and network together!