All Forum Posts by: Anthony Micklus

Sorry I am posting so late I just discovered BP so I apologize if this information is mute now. I live in Vermont and I had the same problem you did. I had attended Real Estate Investor Classes and my initial members were people I had networked and exchanged cards with at those classes. I had an attorney draw up the 501c6 paperwork (a non-profit trade organization but you could do a for profit as well.) and operating agreement. The filing fee was around $75. I had a really nice attorney in my network who gave me a really nice discount on the paperwork and filing but you could probably do something like that on Legal Zoom as well. After that was done contacted National REIA and joined their membership as an organization. They were really friendly and helpful. There were a bunch of forms required by them and we also needed to send them a copy of our Bylaws and Code of Ethics (PM me and I would be glad to send you copies of mine.) I created them both based on the National REIA's bylaws and code of ethics plus a few changes discussed with my initial members. I submitted all the paperwork paid the fee (about $250 with the application fee.) and we were good to go.

Hi All,

I have lived in Vermont nearly all of my life. In 2008 I went to Credit Card U and learned all about investing in real estate. Courses I took included Wholesale Buying, Lease Options and Forclosures. Though I have had many deals started I have never completed a deal. They all fell apart because I was unable to find any investors to help with capital. This year I hope to finally complete a deal. Strangely enough I am also president of the Champlain Valley REIA the only active REIA in Vermont that I know of. In addition I am also a member of my local Town's Planning and Zoning commission so if there is anything I can do for you there I would be glad to.