All Forum Posts by: Charles Carillo
Charles Carillo has started 81 posts and replied 2754 times.
Post: Looking for a contractor and roofer in Waterbury

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
DM me for a roofing contractor contact.
Post: International Investor Looking To Network

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
That's great! We mainly partner with foreign investors in larger syndication deals in the Southeast.
Post: Investing Real Estate and Partnership Questions

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
The exact split will depend on how much work is being done and their role in the process. I would estimate the profit from the deal and the hours each will spend during the process and then determine the split. I would suggest you speak to an attorney about drafting the operating agreement for the LLC.
For the second question, you should speak to your CPA.
Post: RE Investing in the US from outside the country

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
What types of properties are you interested in purchasing? When we work with foreign investors we suggest they open a US LLC (through a CPA or Attorney). This makes the investing process much easier. DM me if you have any other questions.
Post: Foreigner investing in US

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
We work with foreign investors and there are a couple banks that my partners use when investing and when borrowing money against their properties (DM me with more questions). Have you narrowed down any areas in the US that you are interested in investing in? Do you want to purchase a single family home or multifamily?
Post: Leveraging Technology to Scale Your Real Estate Business

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
In this episode, Nick Baldo talks about "Leveraging Technology to Scale Your Real Estate Business"
Here is some of what you will learn:
- How have you set up your team to manage multiple simultaneous projects
- Some steps that help in scaling your business.
- How do you able to apply technology to real estate
Listen to:
Post: First Time Post. ROTH IRA, Syndicates, taxes, etc

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
You would be looking to open a self-directed IRA (SDIRA). You can hold alternative investments in this account. Yes, you can invest into syndicates and individual properties. There is the possibility of paying Unrelated Business Taxable Income (UBTI) tax if you are investing into an asset that is leveraged.
Post: How do I buy a 500,000 property when I only make 40,000 a year

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
@Cesar Garcia
I would suggest owner financing. Make sure you have reserves before you purchase.
Post: Financing Question - Foreign Earned Income

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
What types of properties are you looking at investing into? 1-4 units or 5+ units?
Post: International Investor Looking To Network

- Rental Property Investor
- North Palm Beach, FL
- Posts 2,849
- Votes 1,944
It is great to have you on BP! We work with international investors; we should connect. What are your property parameters?