All Forum Posts by: Brian Orr

 Hey @Ronald Rohde are you a syndication attorney? I need one

I've seen a few listed in the St Pete area around or under 600k. I'm about to go look at some myself. Feel free to DM me, I can share some insight

What I'm trying to understand is the employer side when you have multiple companies (I don't just mean multiple LLCs for properties), and are working in and hiring people that work in both. 

For example:

I have a real estate investment company currently. If I want to start an e-commerce company, do I need to setup an entire new LLC? If so, and I hire an assistant, do i need to pay that person partly from each company?

I think I understand the accounting side regarding separation of funds more or less when things are exclusive to industry. But how about other shared expenses like car miles, computer purchase? Is there any smart way to do this under one umbrella and have all expenses funnel up to one company?

I'm in Florida and willing to hire an attorney and or CPA to help me get this in order.

What's up everyone,

I'm fairly new to St Pete myself and from New York, my rentals are in North Carolina. I'm launching a new meetup August 3rd downtown for just this reason... I'd love for all of you to come and we round out this conversation in person.

The Avenue, Wed Aug 3rd, 5:30-6:50

If the link works, here's it is: https://www.biggerpockets.com/...

Important: This is a no-pitch, no pressure, no drama meetup. 

That said, I'd also like to add depth and experience to the conversation by inviting attorneys, mortgage brokers, lenders, insurance agents, real estate agents, general contractors and anybody else who works with real estate investors.

It’s a working title… but speaking of title, I’ve exchanged a few as a real estate investor. Speaking of investing, my wife and I wanted to start a new local group centered around experience based, informal investing education in real estate. Sound fun?!

How about a happy hour with food and drink specials in downtown St Pete where we just BS about business mistakes and personal growth and develop mutually beneficial relationships? Skill building? Speakers? Even... (Don't make me say it.......) Networking?

Well somewhere in there is an award-winning formula for a valuable afternoon, I know it! Your contributions will definitely help sort this out.

Oh and why "Beats?" I’m a semi-retired internationally touring DJ who invests in real property on the Streets for profit. Beats, Streets. (Like I said, working title)

Come hang out with us and help me rewrite this description!

I say absolutely. You have to invest in yourself, I'm sure you know already. This place has the education, network and willing participants to really help boost your game. Also, your membership shows other members you are serious about your business and, speaking for myself, are far more likely to take time to engage.

 I had a deal once where I negotiated a great price far below appraisal. The bank was willing to extend a line of credit for the difference, which was incredible, it funded most of the rehab and jacked the property value much sooner with no more cash out of pocket.

I've tried to work rehab loans in with lenders otherwise and it just doesn't fly. You may be able to do it with a hard money loan though.

First, I'm not getting my license only to serve my Investor self (though I'm sure it will help)... My wife is licensed and we are going to start a team and build the business together.

So for all my rock solid BP agents out there, can you offer any advice/insight on:

1. Investor to licensee benefits/warnings

2. Rookie agent strategies

3. Operating a business with your spouse.

 Ok Scott but only if I get some credit! LOL

@Scott Trench