All Forum Posts by: Aaron Bloodworth

Thank you everyone for these great insights. Sean Walton that is some great advice about the DBA. My main confusion was about filing a DBA without filing for an LLC (or whichever structure is most beneficial). I think for where I am now, simply filing a DBA is my best course of action. Once again, thanks all.

Hi everyone, A little bit about me to begin, I am a 22 year old guy living in Fayetteville, AR. I recently graduated from college and I am currently working a 9-5 unrelated to my degree (go figure). I am spending most of my efforts working on getting my start in real estate investing. Luckily, my job allows for me to spend most of my day listening to audio books and podcasts, so I am able to constantly pursue knowledge throughout the day! After considering many options, I have landed on wholesaling as a good jumping off point for my investing career. I have decided on this path for a few reasons. One, like many 22 year olds, I have much more ambition than cash. Wholesaling will allow me to spread out my initial costs over time. I will also be moving in about 2 years, so it will be a great learning experience for when I move to a larger market. It should be noted that I have not yet personally completed a wholesale deal. Of course, any thoughts and advice would be much appreciated about any of this. Here is the main issue I'm running into. I am trying to balance organized, knowledgeable planning vs. not getting bogged down with every detail. I want to put out our marketing campaigns under a company name to bolster credibility (the pains of being so young) and I am trying to figure out the most practical way to approach this issue legally. Should I go ahead and structure under an LLC or is there a better way to operate under a fictitious name at this point? It just seems presumptuous to organize under an LLC and go through that process without having successfully completed any deals of my own. I think there is a real need for honest, quality wholesalers in my area and I believe in our abilities to fill this need. Please feel free to offer any advice. Thanks!

Hi Bigger Pockets Community! About me: My name is Aaron Bloodworth and I am a recent graduate from the University of Arkansas. I graduated with a degree in music education, but after student teaching for a few months, I quickly realized I have no business entering the field of teaching. It's a decent career, but it takes a very special person to do that job! I am currently living and working in Fayetteville, Arkansas. I have been listening to the podcasts for a couple of months now and reading like crazy. Goals: I plan to begin with small multi-family rental properties. In the next 12 months, I want to buy my first property here in Northwest Arkansas. I am looking for anywhere from a duplex to a four-plex. Short term, I am looking to get plugged in with other investors (and related professionals) in the area. I have little in the way of hard cash to offer, but what I do have is plenty of time, some decent technical knowledge, and a strong desire to learn. I would be happy to help with projects, day-to-day operations, etc. Thanks bigger pockets community!