Lacey Arrington
New to REI!
17 February 2024 | 5 replies
It may lend you a little privacy, but folks who want to find you will just look up who created the LLC and then find you.That being said, in MO, they are incredibly easy to set up, and are not that expensive to establish (~$50 last I checked, although that may have gone up) and doesn't require any input from an attorney or tax professional (in my state)Personally, I have an LLC bc I pay myself through an S-Corporation as a realtor...the savings come out in the wash, but it allows me to pay taxes quarterly and avoid end of the year surprises.Another reason you may need an LLC is if you are investing with partners, and/or seeking certain loan types ( I know hard money lenders often require an LLC)Once again, this isn't my wheelhouse, so at the end of the day, I would reach out to a tax professional to learn moreLong answer short: in my opinion, you do not need an LLC if your plan only involves renting out your inherited home
Keenan Smith
John Fedroe and Mobile Home Investing
15 February 2024 | 4 replies
His course material is comprehensive and he is knowledgeable regarding mobile home investing.
Vijay Komar
Peter Harris Program
17 February 2024 | 9 replies
BE VERY CAUTIOUS before you sign up for this course.
Jennifer Holdsworth
New to Investing in Real Estate
17 February 2024 | 4 replies
.💫 I would like to buy my first investment property this year, to offset my husbands W2 income, using the professional real estate status.
Gabe Bouldien
401k to Self Directed IRA
17 February 2024 | 6 replies
Of course, the fix is to make them a former employer....
Jorge Abreu
The Five-Step Guide to Prime Investors
16 February 2024 | 12 replies
Syndication offers several benefits, including diversification, access to professional management, the ability to passively invest and the opportunity to participate in larger deals with potentially higher returns.That said, it's crucial for investors to conduct thorough due diligence, carefully evaluate the track record and reputation of syndicators, and assess the risk-return profile of each investment opportunity.
Account Closed
Does Every Investor Benefit From Having a Coach - Should You Consider a Coach
17 February 2024 | 4 replies
Trying to do this at home without being in the bizz can work of course but you need a stellar W 2 or inherit cash or sold a bizz whatever..
Gus Pippins
Beginning My Journey Into REI
17 February 2024 | 0 replies
Of course, I'm still new to this so I just might not be looking at things the right way.Scrolling through all the forums has given me a lot of insight though, and I am hoping to continue learning more as I get started on my REI journey and connect with you all!
Zak Cooper
Creating the ultimate Seller / Owner Financing Checklist
16 February 2024 | 5 replies
However, title can be “clouded” many ways, including heirs who never registered their rightful interest (usually when someone dies without a will), spouses never formally divorced, common law marriage situations, children born out of wedlock, incorrect survey information, Sheriff and tax sales misidentifying multiple parcel situations, partial property rights transferred such as remainder estates, tax liens unrecorded, incorrect county identification due to changing county lines as when a river redirects, and of course plain old error in the property description copied onto the recorded warranty deed.
Ell Jay Lindsey
How is anyone making $ right now?
18 February 2024 | 54 replies
What's changed is the bar of required professionalism has raised, significantly.