All Forum Posts by: Sainath Muntha

Hello Investors!

I am looking for advice and your experiences on which bank you use for your real estate investments?

Here is my situation:

I open an LLC for each of my investment properties and for each LLC I need a bank account.

I do not want to go down the route of using a traditional bank and open a new bank account with say Wells Fargo unless I have to.

I have tried baseline banking which allows you to open one "account" and have multiple accounts within that (one for each LLC). I have however run into issues like transfers being rejected by Baseline (from one of my own accounts in a traditional bank) when all the information is correct. Baseline customer service was of no help.

I want to understand what products do you use? And how has your experience been?

Thank you in Advance!

Hello BRRRR Investors!

I am looking for advice and your experiences on which bank you use for your real estate investments?

Here is my situation:

I open an LLC for each of my investment properties and for each LLC I need a bank account.

I do not want to go down the route of using a traditional bank and open a new bank account with say Wells Fargo unless I have to.

I have tried baseline banking which allows you to open one "account" and have multiple accounts within that (one for each LLC). I have however run into issues like transfers being rejected by Baseline (from one of my own accounts in a traditional bank) when all the information is correct. Baseline customer service was of no help.

I want to understand what products do you use? And how has your experience been?

Thank you in Advance!

Hello Real Estate Investors!

I have a question regarding registering llc’s as foreign entities in the state you are conducting business in.

For example, Is it necessary to register the llc in the state that I am conducting business in (say Texas) when the llc was created in another state (say Wyoming)?

There seem to be hefty fees associated with that. Some fees are one time, others are one time + annual

Wondering if I would have to do that with every llc i would create in Wyoming and operate in other states?

Is the anonymity and the additional asset protection worth the hassle? Should I just create the llc in the state I am investing in?

Thank you in advance for your advice!

Hello Everyone!

I am a new investor and I am in the early phases of putting a team together to break into the Cleveland, Ohio Market.

I would really appreciate it if you could please post or DM those PM's/Real Estate Agents/Lenders you would recommend (and also those to avoid).

I know PM's could make or break your business, so that would be the priority; I would however like to get contacts for Real Estate Agents and Lenders as well.

I would also appreciate if you could share your experiences, knowledge (areas to invest; areas to avoid), general tips etc.

Thank you in advance!

Thank you Remington! I appreciate it!

Hello Everyone!

I am a new investor and I am in the early phases of putting a team together to break into the Cleveland, Ohio Market.

I would really appreciate it if you could please post or DM those PM's/Real Estate Agents/Lenders you would recommend (and also those to avoid).

I know PM's could make or break your business, so that would be the priority; I would however like to get contacts for Real Estate Agents and Lenders as well.

I would also appreciate if you could share your experiences, knowledge (areas to invest; areas to avoid), general tips etc.

Thank you in advance!