All Forum Posts by: Arthur Cook
Arthur Cook has started 0 posts and replied 17 times.
Post: Starting an LLC in Louisiana
- Investor
- Lake Charles, LA
- Posts 17
- Votes 3
Regarding LLC's. What is the procedure for putting rentals that you have purchased as an individual into the said LLC. Additionally, do you need individual checking accounts for each LLC that is created, or do you set up a master LLC that is the manager of all the others??? The Master would do all accounting/paying of expenses/managing etc
Post: 1-Day Workshop: Multiply Your Wealth With Apartments/Multi-Units
- Investor
- Lake Charles, LA
- Posts 17
- Votes 3
unfortunately I can't be in Maryland for the class but would like to purchase the material. Is that possible??
Post: Distressed property not listed with tax assessor
- Investor
- Lake Charles, LA
- Posts 17
- Votes 3
have you searched the conveyance records???
Post: Lafayette, Louisiana Area
- Investor
- Lake Charles, LA
- Posts 17
- Votes 3
I invest in Lafayette as well and am willing to look at what you have.
Post: Duplex - low income rental property
- Investor
- Lake Charles, LA
- Posts 17
- Votes 3
I am in Lake Charles and would do that deal. You will need to factor in the cost of updating the AC/heating units. They take a beating here in South LA. which I am sure you are aware of.
Post: Purchase Offer without Agent
- Investor
- Lake Charles, LA
- Posts 17
- Votes 3
I am a Broker here in Louisiana and can't think of reason you would not want an agent write the offer on a listed property. The selling agent can represent both of you once you sign off on it.
Post: Looking to get stared
- Investor
- Lake Charles, LA
- Posts 17
- Votes 3
New to BP as well and have been an investor here in Lake Charles for 30 years. Would love to get information about the "meet up" here. If I can help Justin, would be glad to do so.