All Forum Posts by: Mora Clark

@Kris Wong that's very interesting! I always think that is better to have an LLC for tax benefit as well as to protect your personal assets. Never thought of the loan part. Thanks for sharing! :) lots to learn here

@Kris Wong Do you create your LLC after closing your first deal? I was on the same boat like Stephanie and at first I was all worried about setting up the legal entity first before getting the deal just because I don't want to deal with paper trail at the end. Then I feel like I should just get my foot in the door and actually get my first deal in place. That is just conflicting for us newbie.

Just want to follow up on this post and see if anyone had closed any deals in Detroit since then. What is the perspective in the market at this point?

Looking at the same area as well but heard that Decatur isn't where the growth is going to take place. Any insights everyone?

@Chris Mason Thank you, Chris! :)

I am on the same boat but I am looking at an out of state investment. So was just curious if it is better to find lender local to where I live or to where the investment property is. 

@George Blower Thanks George!

@Josue Velney sounds great! I'll definitely be there. Hope to network with everyone. 

Hello All, 

I would love to connect with local agent and PM in the HSV and Decatur as well. Hoping to find small multi-family units or great potential SFH.

@Justin Silverio Thank you Justin! I've joined your group on MeetUp. Hope to see you at the next meeting. 

@Steven Baty Interesting! I've never actually never thought of the VR. Where do I get more info about those listings?

@Steven Malatesta Thanks Steven! How do you like to VR compared to other REI? I know it's seasonal only, so are you keeping the cash flow in the off season? (If you don't mind my Rookie's questions) :D

Hello Everyone,

I would love to connect with you all about out of state investment and learn about potential opportunities. Could you share some of your biggest challenges?