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All Forum Posts by: Joe Payseno

Joe Payseno has started 4 posts and replied 6 times.

Post: Investor's Toolbox meet up! (topic: Boutique hotels)

Joe Payseno
Posted
  • Flipper/Rehabber
  • Portland Oregon
  • Posts 6
  • Votes 1

Hey Jessica, it's always nice to connect with like minded real estate folks!  Yeah, we host them the 2nd Thursday of every month.  So the next one will be on August 8th.  We haven't identified the topic or speaker yet but will have it lined up and posted shortly.  Thanks for your interest, I look forward to meeting you!  Let me know if you have any questions or topics of interest in the meantime.

Thanks,

Joe

Post: Investor's Toolbox meet up! (topic: Boutique hotels)

Joe Payseno
Posted
  • Flipper/Rehabber
  • Portland Oregon
  • Posts 6
  • Votes 1

Alex and I are actively looking to purchase a Boutique Hotel within the next 6-12 months so we figured what better topic to cover than Boutique Hotels! We will do a short presentation and leave plenty of time for socializing. No sales pitch, you don't need to bring anything. Just come on over and let's talk real estate!

Post: Investor Lab Meet up! (Tiny homes and ADUs)

Joe Payseno
Posted
  • Flipper/Rehabber
  • Portland Oregon
  • Posts 6
  • Votes 1

Its that time again, another real estate meetup! For this meeting you will have myself and Alex discussing Tiny home living and Accessory Dwelling Units (Adu's) as a means to generate additional income on properties you already own. Come talk real estate, network and see some tiny home designs you might want to consider utilizing on future projects. No sales pitch, no fluff, just a couple guys passionate about real estate wanting to meet other like minded people. We will see you there!

Post: Investor's Toolbox Meet up

Joe Payseno
Posted
  • Flipper/Rehabber
  • Portland Oregon
  • Posts 6
  • Votes 1

Hey Tyson,

Thanks for reaching out! We are still doing the meetups, the second Thursday of every month. I will be posting the next event shortly.  It will be held on 4/13 at 6:30pm at Lucky Labrador off Hawthorne. (915 SE Hawthorne Blvd Portland, OR 97214)

We would love to see you there!

Joe

Post: Investor's Toolbox Meet up

Joe Payseno
Posted
  • Flipper/Rehabber
  • Portland Oregon
  • Posts 6
  • Votes 1

We are very excited to host our first meet up, welcoming all who are interested in real estate and personal growth! Our guest speaker, Kate Bergsgaard, is an incredibly experienced and savvy real estate agent with Carey Hughes Homes. She will give us a snapshot of current market conditions and field any questions the group has prior to breaking off for a social hour where we can all network and collaborate. We plan to host this meeting once a month with guest speakers throughout the year. Don't miss out on the fun! Sign up today, we would love to have you!

Joe

Post: Start a 2nd LLC for flips vs contracting work?

Joe Payseno
Posted
  • Flipper/Rehabber
  • Portland Oregon
  • Posts 6
  • Votes 1

Hey guys and gals, I have been listening to the bigger pockets podcast like crazy and really feel like i have some good momentum going in my small but growing business! I would love to hear suggestions others have and would like to contribute to a thought provoking conversation really regarding anything real estate. i'm really loving all the learning thats happening! that being said, here is a bit about me:

I owned my home for 5 years or so and was house hacking as Brandon calls it without really knowing that was a thing. The extra income just made sense to me since I didnt have a family and had some extra rooms. I also own a couple rentals that i grew up in/inherited so ive been dabbling in that arena for a few years also. I started a contracting business doing general contracting with a focus on roofing with a business partner i met at my main job. (engineer in the HVAC realm.) We have been roofing houses on a small scale for a couple years now. 

6 months ago or so we bought a flip in a city close to ours that needed a LOT of work. We bought it at a good price for the market we were in ($130k and we project selling for $250 on the conservative side) mainly because we knew that we were new to this game and would most likely make all the rookie mistakes. (which we have...)  

Id love to go into more detail about any of the above topics, but to keep things short-ish, I have recently hired someone that is going to be doing the things I havent had time to do to really grow the business. (social media presence, website, branding, etc.) What i am wondering is if it would be a good idea to start another LLC (currently have one, licensed, bonded) since we are both handling our flip and our contracting work under the same LLC. I assume this creates a liability since the asset (the flip) is belonging to the same company that is doing the contracting work, so we could have exposure if we were sued lets say. I would think making one LLC to handle the contracting and one to handle the flips would be smart, but if someone could give some guidance that would be cool! (or some material they recommend i read/watch/etc.)

I see our business as being on the verge of really taking off and i want to make sure i do things the right way for long term success.

Thank you, first and foremost, for reading this post and i look forward to chatting!

Cheers!

Joe