All Forum Posts by: Akeem Johnson

Nice to have you aboard, no pun intended.

I appreciate those who come on here willing to learn, and there is a vast amount of material here on the boards.

One of the areas that is a bit specialized when it comes to investing in Florida is protection and limiting liability. The reason why things are different there is that if you have financing on a property and transfer it into an LLC, you will get hit with a Stamp Tax. Also, your property taxes can have the tax cap removed, and you can get reassessed. It is recommended to instead use a trust to hold property in FL, since they have protective qualities like an LLC, but don't come with the tax issues.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Thank you Philip! Thank you as well for sharing that nugget of information regarding liability protection.

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Quote from @Ozzy Sirimsi:

Quote from @Akeem Johnson:

New to the BP community! My name is Akeem and I am a new investor in the MD and Jacksonville Florida Markets. Eager to network and learn from other Real Estate Investors within those markets primarily and beyond. My hobbies include Reading, Listening to Podcasts, Family Road Trips, and meeting new people. Feel free to introduce yourself. Willing to learn and make new friends!

Hi Akeem,

I am a Baltimore investor for like 20 years, mainly buy and hold, also i ma agent and helped many investors to start their portfolio,
let me know if you have nay questions, and there are multiple baltimore investors here, you can reach out many of them with your questions, they are all very helpful.

Good Luck on your journey.

Thank you Ozzy. I certainly appreciate that. I sure will let you know. I'll be sending you a private message to find out more about buy and hold investing in the Maryland area.

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Hey Braxton. I'm an out of state investor in the Jacksonville, Fl area. Would love to chat with you and see if I can bring some great deals your way in the near future.

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Jacksonville, Florida

New out of state investor. Looking to find out the following for Jacksonville, FL:

*Good Investor friendly Title Companies

*Zip Codes where buyers like to do deals in

*Contractors that know the market

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Jacksonville, Florida

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All Forum Posts by: Akeem Johnson

Akeem Johnson has started 2 posts and replied 7 times.

Post: New Member from Baltimore Maryland!

Post: New Member from Baltimore Maryland!

Post: New Member from Baltimore Maryland!

Post: New Member from Baltimore Maryland!

Post: Jacksonville Investors / Wholesalers

Post: New Out of State Investor

Post: New Member from Baltimore Maryland!