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All Forum Posts by: Sean McElligott

Sean McElligott has started 4 posts and replied 13 times.

Buying & Selling Real Estate

Post: Do you work with partners?

Sean McElligottPosted
  • Posts 13
  • Votes 4

I have always loved the idea of investing by myself because there's no one to answer to. (The Rule of 1). However, I am considering taking on a business partner(s) because of access to more money and expertise.  What are your thoughts on this? Good experiences and bad? Have partnerships left a bad taste in your mouth or opened up doors to success for you?

0 Votes
Starting Out

Post: Is it necessary to understand math to be successful in RE?

Sean McElligottPosted
  • Posts 13
  • Votes 4

What does "understand math" mean? like addition and subtraction? oh boy

0 Votes
Tax, SDIRAs & Cost Segregation

Post: Should You Form a LLC for Each Individual Rental Property?

Sean McElligottPosted
  • Posts 13
  • Votes 4

Just so you know....a series LLC costs about 10,000 to create and it is a product that is not tested or even recognized/understood in most states. Make sure you consult with a legit and knowledgeable attorney...

1 Vote