Originally posted by Tom Cullen:Whatever we did prior to establishing the FED (and starting the income tax) in 1913 can't be much worse than what we have now.Since I wasn't around then, I can't really compare it to today.

I live in NC and I am trying to establish myself as a Real Estate Investor specializing in Lease Options.

My clients are mostly in Europe and I found that HSBC has a Premier Account that can establish accounts in both countries, Simplifying the transfers in both directions and Rental Income payment.

Just save it for her, not turn it into a massive fortune through speculation, gambling or doing RE deals which can be close to either.I wish you well and hope you do the right thing....good luck!

That would go along wat to establish your integrity...

For those that are asset poor and want to build the LLC as a future income and credit source asap too, I am thinking to get the LLC started as part of the start –up plan, not for asset protection initially since it has none, but to establish it to banks/credit reporting agencies realizing banks will qualify it based on personal assets initially, but hopefully phase them out eventually.

If I were going to target these types of properties I think I would start establishing relationships early.

Not a horrible gamble on his end.... and not terrible on my end.

-Establish a written resident retention program.

I don't intend to return to Massachusetts, and will probably never establish residency there.