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All Forum Posts by: Larry Graham

Larry Graham has started 2 posts and replied 11 times.

Post: Forming an LLC for investment property

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7

Awesome advice! 

And I'll check out the webinar. Thanks @Ashley Pimsner and @Account Closed! 

Post: Forming an LLC for investment property

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7

Can I buy an investment property with cash and then form an LLC, signing the property over to the LLC after I already own it? Or would I need to form the LLC first?

Post: New in Dallas area

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7

Welcome to BP!!

Here are some links that helped me from @Brandon Turner:

How to Buy a Small Multifamily Property

and 

Real Estate Investing

Good luck man!

Post: BP Newbie!

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7

Thank you very much @Ned Carey @Nancy Roth @Andrea Henderson @Brandon Turner @Dmitriy Fomichenko @Denise Stanford !!

I've read the posts and signed up for the next BWI meetup. I hope to see some of you there. I'm excited about learning and getting started.

Post: BP Newbie!

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7

Thanks for the advice @James Wise ! Unfortunately, I haven't been able to find anything I can afford in DC. I think buying an affordable duplex would be out of the question in my immediate area.  However, Baltimore has plenty of multifamily properties within my price range.

Post: BP Newbie!

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7

Thanks @Ned Carey @Dmitriy Fomichenko @Antonio Coleman !

I appreciate it @Jeff K. ! Any specific groups you'd suggest? I currently own my house, so I would prefer to rent out both units in the duplex. 

Post: BP Newbie!

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7

...

Post: BP Newbie!

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7
Originally posted by @James Wise:

Best advice would be to go out and buy something close to your home. Manage it yourself & learn the ropes.

 Thanks James! The area I'm considering is about 45 minutes from my house. Is that too far?

Post: BP Newbie!

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7
Originally posted by @James Wise:

@Larry Graham 

welcome to the site.

Will this be your 1st time as a landlord?

Thanks James! This will be my first time as a landlord. I plan on purchasing very soon using a HELOC for the down payment.

Post: BP Newbie!

Larry GrahamPosted
  • Rental Property Investor
  • Hyattsville, MD
  • Posts 11
  • Votes 7
Originally posted by @Larry Fried:

@Larry Graham 

Hi and welcome to BiggerPockets! It’s a great place to learn more about investing and meet the people you want to meet. If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and don't forget to set up you rKeyword Alerts!

 Thank you very much Larry! I read that post and I'll set up my keywords alerts now.