I moved to a new state and was curious to see if I should open a new LLC for a new state and if anyone had reccomendations other than a local attorneys office to create one.

I am new to real estate investing and looking to connect with any local investor.

If you are an agent and local you should be able to scout the areas.

I would recommend shopping around, especially with a local mortgage broker.

We bought a property that we feel is assessed by the our local government too high.

•Miami Realtors (miamire.com) – Local South Florida trends straight from the source.If you’re looking for a quick daily rundown, check out my blog and YouTube channel (linked on my profile).

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

If you’re unsure about which specific account to choose, ask a local CPA or banker, since every situation can vary.