All Forum Posts by: Adam Letke

Thanks everyone for the input.

In digging into this a bit more, it sounds like there are some layers here. From what I could gather - correct me if you know otherwise....

IRS requires a physical address for federal taxes - so your company is supposed to have a physical mailing address regardless of the state you live in. Your resident agent can be yourself & home address, Office & address, Attorney's office and address, etc. but still also is supposed to be a place where physical "papers can be served" during normal business hours in the event of legal complications. The PO box seems to work best for your business correspondence. 

As far as the LLC limiting your liability, that is also largely based on your ability to prove that it is fully a separate entity from you the individual. You want your businesses' assets to be on the line but not your personal assets. That's the protection as well as the privacy factor.

Hey all, I'm getting started up here in Harford County Maryland. I have a LLC to use for the purpose of real estate investing and I was wondering what address everybody is using for their LLC registration if they don't actually have an office. Do you use your home address or use a PO Box? Any advice is helpful. Thanks, Adam

Chuck Masters cool to see someone from the same town! Any thoughts on what channel is best to pickup the first flip? FSBO, REO, Wholesales?

Ned Carey thanks for the feedback! Any thoughts on what channel is best to pickup the first flip? FSBO, REO, Wholesales?

Hi everyone,

Hope the day is treating you well. I am posting to introduce myself, thank the community for all the value provided and leave a bit of insight into what drives me and what I am trying to learn.

So first, I am from Bel Air Maryland. Born and raised in the area. I currently work as an engineer and project manager in the healthcare industry. I just got my P.E. in Civil/Construction which I am super pumped about - it took about 10 years to accomplish that. I am happily married. And now I am looking at what it takes to really succeed in the Real Estate arena (and business in general).

Bigger Pockets has put together a great podcast and community that has helped me dig through all the various areas of Real Estate investing. Now its time to really get started.

My overall goals are to build sustainable wealth with real estate while providing a service to the general population in the form of property recycling (bring properties back to usable form for the public) and buy and hold rentals (providing solid housing for people and families).

As far as progress, my wife and I are currently in our first house hack - living in, refurb, plan to rent. We are wondering if we should flip to build a bank roll and then buy and hold or what.... Any advice would be appreciated!

Thanks all - Adam