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All Forum Posts by: Bobby Hoyt

Bobby Hoyt has started 3 posts and replied 4 times.

Post: Unexpected costs?

Bobby HoytPosted
  • Real Estate Investor
  • Friendswood, TX
  • Posts 5
  • Votes 2

Thanks Nicole!

Post: Unexpected costs?

Bobby HoytPosted
  • Real Estate Investor
  • Friendswood, TX
  • Posts 5
  • Votes 2

We have set aside our startup money, created an LLC, found a real estate agent, and are in the process of finishing out our team. What unexpected costs are we looking at before we even do our first deal? Should I be paying for these out of a business account or out of pocket?

Will I need to pay any CPA or attorney fees upfront or at the closing of our first deal?

Thanks!!

Post: Unexpected Costs...

Bobby HoytPosted
  • Real Estate Investor
  • Friendswood, TX
  • Posts 5
  • Votes 2

We have set aside our startup money, created an LLC, found a real estate agent, and are in the process of finishing out our team. What unexpected costs are we looking at before we even do our first deal? Should I be paying for these out of a business account or out of pocket?

Will I need to pay any CPA or attorney fees upfront or at the closing of our first deal?

Thanks!!

Post: How old were you when you bought your first property?

Bobby HoytPosted
  • Real Estate Investor
  • Friendswood, TX
  • Posts 5
  • Votes 2

I just wanted to see where I am in the grand scheme of things here...how old were you when you purchased your first property? I am 26 and will purchase my first property later this year (December time frame). 

Also, if you could go back and do it again at my age what would you change? Would you invest differently? It seems like entrepreneurs are hard-wired to spread success to other people, and it is always fun to learn from other people's experiences!

Thanks for the response!