All Forum Posts by: Account Closed

Hello BP, so these past few days i still cannot find any good accountant. There isn't any good RE club in the country i wanted to invest and by asking my negotiators, hardly any of them know any professional. Any ideas where i can search for next? 

 I wasn't sure that they would either. How are closings handled out there? 

 What i currently know is it is done by real estate attorney. (Sound too simple right?) Setting up a business entity is a different areas & just like many new investors, they bought property under their own name. So it not a surprise that getting advice from CPA, Attorney & etc are consider overdoing from what i been talking to some local investors here. Maybe i just been talking to non-sophisticated investors.  

 I'm not sure there is a title companies in Malaysia (Done some google search). So any other ideas that you had not mentioned? 

Hello BP, i been trying to build a team for a few days now and making cold calling & getting referrals are slow. I was wonder is the bank the next best source of getting a recommended Attorney, CPA, Property Manager & etc for a real estate investment team?

 Oh so that where the confusion come from. So instead of the word "hiring" what is the appropriate word to use in my case?

Hello BP, i'm going to be an Oversea investor and i'm having difficulty getting a good recommend CPA from the people that i had been networking. I want some tax advice & strategy in property & business entity, and currently i'm not such if i can hire CPA part-time to handle my taxation & book keeping. What do you think? Where can i find a good CPA faster and do you think they would accept part-time after i have a property deal?

Yes i'm under the assumption because i want to diversify my work. Such as book keeping & tax return are done by (Part-time?) CPA and lawyer (part-time?) for legal advice on the responsibilities running a LLC (as a separate entity).

 So advice from attorney in business entity and "CPA" for the taxation right? When you said don't hire anyone, u mean until i get a property that have enough cash flow to pay them...part-time?

 Now you are speaking my language David. Yes i believe building relationship and trust with a team is more important then just get out to find property especially since i wanted to establish a Land Trust, Business Entity and find team member who have me in their best interest. But yeah if a great deal come, i will grab it. If only i know a great deal when i see it, still new to this investment lol

Oh but regarding the LLC, who must i hire & can it be part-time?

 So let me get this straight. You are asking me to get a property 1st (Obviously i need to educate myself before any recklessness) and then find the people, not the other ways around? I think there is too much risk involved especially since i want to do creative financing such as sub2 and seller finance (Which you can tell it does not or little involvement with the bank unless in the case of sub2 where i need to inform the bank i'm going to take over the title, paid for the mortgage and then may ask for some recommendation).