All Forum Posts by: Mike Mosee

Hi,  looking  for rehab to rent in $45-60 range.  Zips 38128, 38134, 38133, 38115, 38118, 38053.  C to B neighborhood.   Wow, another person  from my neighborhood  investing there to!   Thanks,  Mike 

Hello all,

Seeking sfr, 3/2  or small multi in c or better area of Memphis, Shelby County

Mike Mosee

Call Chris Peak,   Mid South Property  Management,    a division of Enterprise Realty.   I've been working with them for six years & they are excellent.    Small  enough for individual attention & have organization to do it right. 

start with the local REI group meetings to find connections

addresses  please

addresses  please

I did HELOC last year with Banner Bank. They will want a checking account with them.

Thanks for the input.    I'm currently using Mid South to manage properties.   I already  know Jeff Moore from prior properties.

You're 100% right about needing boots on the ground as the quality varies wildly from block to block.....seen it first hand.

Looking to invest in small multi family Memphis, Tn in C grade or better areas

Question centers on Asset protection versus accounting & tax return costs.

One of the podcasts stated you only need a single tax return. My CPA says each LLC inb the series must not only keep it's own bank account & expense account but also file its' own tax return which would be extremely high cost.

we are a husband/wife member managed LLC currently so evidently this causes that issue

Has anyone else run into that & what did you do?

Thanks,

Mike