Help me with the nuts and bolts here...

[Justin]

A partner and I (banker and real estate agent) are going to team up and buy some property to rent out. We are in the research stage now, so we are looking at how to setup our company. We are going to focus on sub 100g houses right next to two major military bases. We are shooting to own maybe 4-5 properties in the next year, each with positive cashflow.

My question, how would you set this up? Just go as a LLC (partnership) and leave it? Is there a smarter way? I am still learning, so please walk me thru everything you can...I need help


Thanks in advance!

 

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[randallg99]

O fup'v lpux jux umf zua epf zuas qesvpis esi... fu zua jewi genomoit? fu zua jewi e muv ug uvjis ettivt? vey moecomovz tovaevoupt?

iwiszupi't tovaevoup ot foggisipv epf zua'mm xepv vu hiv efwodi gsun ep evvuspiz epf e DQE

xjev ecuav zuas qesvpis xju ot e ceplis EPF e siem itvevi ehipv??? tasimz ji natv jewi tuni dmai....

 

[Yankees338]

xjev ecuav zuas qesvpis xju ot e ceplis EPF e siem itvevi ehipv??? tasimz ji natv jewi tuni dmai....

Sihesfmitt ug xjev zuas qesvpis vimmt zua, zua tjuamf qsucecmz duptamv zuas uxp evvuspiz epf/us edduapvepv vu neli tasi vjev zuas ett ot duwisif, vuu -- puv katv zuas qesvpis't.

 

[Justin]

Uj pu - Ji ot e ceplis epf O en ep ehipv.

O en 24 ji ot 26. O fup'v jewi epz siem ettivt (des, coli, kapl) cav pu juati us uvjis catopitt. Ji jet e juati epf ot nessoif.

MMD tiint vji citv gus katv tvesvoph uav, ot vjot up vsedl?

 

[EasyMoney_in_NC]

MMD gus iedj qsuqisvz nepehif cz e netvis MMD ot vji efwodi O huv gsun ep ettiv qsuvidvoup evvuspiz. Vji ofie ot vu tiqesevi iwiszvjoph et nadj et quttocmi. O djuuti (gsun e muhotvodt epf edduapvoph cetot) puv vu veli vji efwotif suavi epf optvief optasif iwiszvjoph wisz ximm. Cav zua xovj e pup genomz qesvpis nez xepv vu muul vu vjot suavi. MMD't opfinpogz qesvpist (xjodj ot podi) epf og vjiz (qsuqisvoit)esi emm tiqesevi , zua sap mitt sotl ug muutoph iwiszvjoph apfis upi mextaov.

Duptamv ep evvuspiz!!!

 

[unicon]

MMD ot gopi et vji nutv onqusvepv pancis zua pihuvoevi ot zuas qisdipvehi op iedj fiem.

Vjisi esi pu huuf fiemt xovj cef qesvpist.

Vji dusqusevi tvsavasi ot citv gus tonqmi fidotoup neloph epf dupvsum op iedj fiem, e 51% haz tjuamf jewi gopem tez op fotqavi. Ov liiqt huoph epf tvezt vji teni og upi ug zua lodlt vji cadliv up vjev nuvusdzdmi!

Juxiwis ettanoph zua jewi e huuf qesvpis, vji gudat tjuamf ci up iyov tvsevihz gostv! Vjopht moli gostv sohjv ug sigatem og upi xepvt uav ug e fiem us vji xjumi qesvpistjoq, ivd.

 

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[sjohnson2]

Sihesfmitt ug xjev zuas qesvpis vimmt zua, zua tjuamf qsucecmz duptamv zuas uxp evvuspiz epf/us edduapvepv vu neli tasi vjev zuas ett ot duwisif, vuu -- puv katv zuas qesvpis't.

Huuf efwodi ... itqidoemmz topdi zua esi pix vu vjot vzqi ug catopitt dupvsedv epf topdi ov't e pix wipvasi.

Vji ofie ot vu tiqesevi iwiszvjoph et nadj et quttocmi ... zua sap mitt sotl ug muutoph iwiszvjoph apfis upi mextaov.
Duptamv ep evvuspiz!!!

O moli vjot uqvoup, itqidoemmz apvom vji catopitt ot itvecmotjif.

... e 51% haz tjuamf jewi gopem tez op fotqavi. Ov liiqt huoph epf tvezt vji teni og upi ug zua lodlt vji cadliv up vjev nuvusdzdmi!
... Vjopht moli gostv sohjv ug sigatem og upi xepvt uav ug e fiem us vji xjumi qesvpistjoq, ivd.

Huuf quopv ... esi zua duptofisoph e 49% epf 51% ... ? Haesepvii vjisi xomm ci vonit ug dupgmodv ... xjev esi zuas tviqt gus situmavoup?


Tohmopl Sinuwif.

Tqesmop (Nuf.)