Hello BP community,
I recently checked out Rent to Retirement after hearing their ad on BP's podcast. I had my first call with Zach and before I dive a little deeper, I was wondering if anyone had had experiences with them lately (as in during 2020 and the whole pandemic situation)? Whether good or bad, please let me know.
This week, I also had a call with Jason at Nevada Corporate Headquarters. He introduced himself as working with Zach and we had a terrific call about the best ways to incorporate my properties to ensure the best legal protection. Although his fees seem reasonable to me, I am fairly new to the game (only one multi-unit so far) and never tried to open an LLC before. So I was wondering if anyone had worked with NCH or had tips on best, most cost-efficient ways to incorporate in Illinois.
Thanks in advance!
Here are some excellent resources for you to check out, and many of these posts are very recent so I believe this should be enough information to answer your questions. Please let me know if you need anything else in the meantime.
@Zach Lemaster That is great, thank you for your response. I had seen some other posts about R2R and they really reassured me on my idea to work with you guys. I did not find too much info on NCH. Are you able to share some feedback since they said they work with you a lot? Thank you again!
Sure thing! We've worked with them for many years, and personally use them for our legal & tax services along with estate planning, SDIRA investing, etc. So there are many reasons to reach out to them that would apply to almost all investors. Here are some reviews on them if you wanted to see some more positive feedback.
Thank you @Zach Lemaster!
Morning Linda! I own a rental from Zach at Rent to Retirement. So far I've been pleased with its quality, my tenant and the team I was given. Zach's business also does a great job supporting you if you ever have any issues.
It's hard to predict the market. As long as your numbers check out I'd say go for it.
If all you want to do is start a basic LLC (in IL), you can do it online in ten minutes for $150. I just did it recently. Lawyer was like, yeah you can pay me to do it, but for your needs it's so easy, save the money and do it yourself. I think 10 biz days to process and like another $50 to expedite it. Sounds like you may be doing something more complicated, S-series or something, though.
Thank you @Joseph Crunkilton, this is great feedback!
@Brian H., awesome to read, thank you! actually, right now, i only have one multi-unit to incorporate so it sounds like i could definitely be able to handle on my own.
I'm learning all this stuff right now. Start the LLC, get EIN # (if needed), register with state, get Chicago business license (I think?), etc.
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