All Forum Posts by: Umang G.

@Cree Quaker I would like to connect with you to learn more about Tivoli

I came across this list and was wondering what do people here thing about these:

• Atlanta-Sandy Springs-Alpharetta, Georgia
• Boise City, Idaho
• Charleston-North Charleston, South Carolina
• Dallas-Fort Worth-Arlington, Texas
• Des Moines-West Des Moines, Iowa
• Indianapolis-Carmel-Anderson, Indiana
• Madison, Wisconsin
• Phoenix-Mesa-Chandler, Arizona
• Provo-Orem, Utah
• Spokane-Spokane Valley, Washington

https://www.nar.realtor/report...

Hi Eyal - if you don't mind, could you provide a bit more details on the offers?

Newbie here myself but most people advise that its best to form an LLC in the state you're buying a property, however your attorney and/or accountant could probably give you the right answer depending on your situation and investing goals.

Curious to know where in upstate NY are you looking to buy?

Hi - I along with two of my friends have decided to team up and get our first property in Florida with all cash and no mortgage. We started a LLC through Incfile in Florida.

Now, we are definitely going to get a real estate attorney's help, but I wanted to prepare ahead and think of all possible scenarios to be included in the operating agreement so we can have a productive and comprehensive discussion.

So on that note, does anyone have any examples of operating agreements in Florida?

Below is more context:

- We all have full-time jobs and in our early 30's

- 2 of us live in New York City and 1 lives in Boston, if that matters

- All of us are planning to do equal investment and buy the property in all cash

- Our strategy for the first property is to go for cash flow

- We are only going to buy one property under this LLC.

Thanks so much.

Hello BP community - I have been following BP forums and podcasts for a couple of months and am ready to make an investment in a rental property. I am looking to set up an LLC and use that to buy rental properties to limit liability issues. While I am doing my research in terms of hot markets to invest in, I was wondering how do people decide which state to set up an LLC in? From reading various forums and watching LLC university videos on youtube, the most common recommendation is you should set up an LLC in the state you will be buying the property. However, in my case, I don't know yet which state I'll be buying the property in as I am keeping an eye on multiple states. Also, I live in NYC, so the home state is not an option for me due to the publishing requirements. Appreciate if someone can guide me in the right direction.

Also note that I'll be investing with two other friends, so that's another reason to have an LLC from partnership perspective