Brandon Hulet
Own my current home outright, and have cash...
2 March 2019 | 6 replies
(One options is "Corporate Direct" to assist with LLC creation) Haven't tried corporate direct but I'm looking at going through them in the future to assist with re-org of my LLC.After LLC is created get an EIN and get the business accounts created.Rule 1 though is never have a rental property under your own name.
Jose D.
It can't be this easy, right? Out of state investing
23 August 2019 | 15 replies
Additionally, there are some tools available to you where you can bring a certain level of automation to that rental management process (ie. automatically syndicating a single listing to 10+ major listing sites, thorough tenant screening with full background checks, digital lease creation, automated online rent collection, and maintenance tracking).
Dana Hogue
Advice... $75-150k to invest how would you start?
20 April 2016 | 1 reply
Flips seem to make the most sense for quicker income and cash generation and can turn into a rental if they don't sell quick enough, I know multi family can be great for longer term wealth creation though...
Lei Li
CA resident trying to decide on rental property investment location
28 September 2023 | 34 replies
The best indicator of a growing economy is job creation.
Tyler Sample
21 with a $70K salary...where to start?
24 January 2016 | 23 replies
Lets assume you have leveraged these relationships into an invitation to take part in some very reasonable wealth-creation strategies by which you can expect to earn something like 10% on $12k, of your original investment year over year, which you would reinvest each year after capital gains tax.Assuming you're able to do some sort of investment like this every year, you'd keep investing your $12k each year.
F. Todd Ryan
Overseas Investors For Commercial Real Estate Development?
9 July 2020 | 12 replies
Typically you use a Regional Center to demonstrate "indirect" job creation from things like construction labor and materials purchases, but the most important thing is to have a project ready to fund.
Randall Greene
Purchase in my name or my corporations name?
27 June 2012 | 5 replies
So, if you're using hard money, the pre-qual letter will either need to be in your or your company's name, whichever is purchasing.The title company will want to see your corporate creation docs (articles of incorporation or articles of organization) to prove the company exists and your operating agreement to prove you have authority to sign.
Netanel Malihi
what is your daily job?
9 October 2015 | 8 replies
You can follow the no money down guys but this is a lot easier with a regular paycheck that allows you to invest your earnings in long term wealth creation.
Dimitri Carso
Primary residence - to rental -than back to primary residence
2 May 2017 | 5 replies
and you would have to recapture depreciation.We get into this under 1031 quite often and there is actually an additional criteria under the ever so badly named American Jobs Creation Act of 2004 (I'm from the government I'm here to help)
Steve Rich
When does the BRRRR start to pay off?
1 June 2020 | 7 replies
@Steve RichAgree with everyone that it’s a slow path to wealth creation but however slow and steady wins the race.