So it’s interesting how people quickly fall in love with the traditional LLC thinking it’s been around forever but fairly after the creation of the LLC in most states, the series LLC immediately came in the game and was added into the existing LLC Statute.

Hello all,
I've launched a new real estate investment company that will be Wholesaling and Acquiring properties using creative finance and other strategies.  But I'm curious, any suggestions and guidance around launc...

@Patti Robertson It's definitely going to be a trust as I will be involved in its creation (providing some general limited input as to terms).My question is that since I will very likely be a successor trustee at the date of trust establishment, and ultimately trustee at some point in the future, what do I need to do as a nonresident of Virginia.From what I have read, I may need to appoint a Virginia resident to act as my legal agent to avoid having to post a bond.

While I have limited experience in real estate, I have much experience in office support; including social media marketing management, website creation and managed a few customer service teams, dealing with retaining and bringing in new clients in various fields.

Looking for a tool that helps create them (with state specific info),  integrates or has an digital sign  tool, parses the data into a database, reports on them and stores them.Ive used some of the inexpensive online lease creators and while they are good for one off lease creation they aren't a good solution for a landlord who has 50+ units.Any suggestions would be helpful.Jay

My plan is to creative finance a short term rental through networking. 3 completely different things.RE license - either allows you to chase commissions aka self-employed job or save on your own transactionsSTR - running an active business, kind of like a micro hotel, generating cash flow and likely tax benefitsRoth IRA - long-term wealth creation, not current cash flow, and seems like you need current cash flow more than anything else 

Each project will have different focuses, usually they have into 2 buckets: wealth preservation or wealth creation. 

In addition, beyond the costs of platting, survey plat, CC&R's (condo declarations, hoa creation) you may have some additional water tap fees and requirements for fire separation.An HOA for two units is not only difficult, it's miserable for the new owners when there's not a majority to make decisions on maintenance.

Hello BP. My investment partner and I are beginners to the property investment game. We are going to be focusing on SFR rentals in the western suburbs of Chicago. What are the recommendations out there for software us...

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