If it's PA i can tell you if you sell anything or physically do anything there then you would have to register as a foreign co. but there is a line that says if you only invest and it's passive income, then you do not have to register your co. but everyone will tell you should. best to check a states web site or attorney in the state.

Hi All,I am new to the wonderful platform.Being an overseas investor that has just formed an LLC, I would need an independent company to act as a good reliable high level service of  Physical address in the US ( mainly for getting correspondence from the bank / Credit & Debit cards / other correspondence not relating to registered agent as it seems the Attorney that has formed the LLC would act as a Registered agent for that purpose not for bank correspondence ) Need any good recommendations of great such websites / services that are reliable and high level good with forwarding overseas only the mail we ask them to do / they scan every mail to email and I can choose which ones to forward. 

I have not physically inspected property yet.

I though I had read on BP recently that Airbnb was moving to only allow Airbnb ing properties that a person physically owned.

The physical upgrades, the rent return, etc....Additionally, offer to make her a part of the renovation process.  

One exception would be if your main goal is to self-direct Roth IRA funds, (because a Roth IRA cannot be transferred to the Solo 401k) but that doesn't apply if you currently have a 401k.Compared to an IRA, Solo 401k contributions limits are roughly 10x higher and there is no custodial requirement for the 401k.

Hi All,11/07 was the first time we were at auction physically, though we had bid on few properties in the past online .

@Kelly Farley, is your 10% vacancy just your physical vacancy rate?

So even as people are buying (highest levels of consumer confidence), we just don't need as many physical retail stores or restaurants anymore.

I don't want to end up getting a reputation for retrading after the face, but I'm sure that I will find at least a few surprises, when I go through the documents and the physical inspections.NumbersPurchase price $875,000Units 19 2 BedroomC Building, C Neighborhood, Low crime, Rural within driving distance to metropolitan jobsGross Rents (Rent Roll) - $10,600/monthLess 5% Vacancy  - $120,480/yearManagement @10% = $12,720Legal, Marketing, Administrative (My Estimate) - $1500Landscaping and Snow Plowing (Pro Forma) - $2,631Other Maintenance and Repairs (Estimate based on 10% total M&R) -  $11,481Utilities (Common areas only Pro forma) - $1,069Total Operating Expenses - $52,013Expense Ratio 41% of gross scheduledNOI - $68,827Operating Cap at Purchase Price - 7.87%CapEx Reserves (Not included in NOI) - $300/unit per yearDoes anything seem out of place, based on these numbers?