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Investments
More and more people are thinking about setting up a business to invest in real estate and should consider establishing  a limited liability corporation (LLC). This means contacting an attorney who has established these types of corporations before. The attorney will help you conduct business and protect your private assets, such as your personal residence, in case you are sued by a tenant, owner or seller.

 

Here are a few online resources to get started:

www.companiesinc.com

www.nolo.com

www.findlaw.com

 

While you are waiting for the paperwork to clear on the LLC, start looking for a realtor like me who can walk you through the real estate investment process. I have an intimate knowledge of the investing world both locally and throughout the U.S.  I have helped many investors get into their 1st and 2nd properties but also invest in real estate myself by pooling  investors’ money to form real estate partnerships.

 

The advantages in getting involved in our partnerships are the following:

  • Managing partner has his money in every deal
  • Managing partner treats his partners fairly and doesn’t put his own interests 1st
  • Low initial investment, risk and management fee
  • All bills paid by managing partner; no management headaches
  • Year-end statement provided to investors for tax purposes
  • Ironclad partnership agreement
  • All major decisions made by majority rule
  • Investment areas and properties have been personally screened by managing partner
  • Open communication between partners and managing partner

 

Areas invested:

 

Bluffton, SC Peoria, AZ
Bonita Springs, FL  Round Rock, TX
Charlottesville, VA 

Surfside Beach, SC

Ft. Myers, FL Clarksburg, MD
Estero Beach, FL N. Myrtle Beach, SC
Lake Harmony, PA Massanutten, VA

Surprise, AZ

Las Vegas, NV

                             

As part of our concierge service, I supply our investors with home inspectors, contractors, insurance providers, title companies and great loan officers who will hunt down the cheapest and best financing available to investors. All this makes life simpler for our clients.

 

In conclusion, I tell investors "what they need to know and not what they want to hear" about a particular investment property and I practice what I preach about real estate investing.