All Forum Posts by: Deangelo Mack

Would creating an llc now be deemed as too early considering I dont have a property in mind?

Thanks guys!!! 

Hey guys!!! I haven't done my first deal as of yet, and was wondering when I should set up my LLC? Before I purchase a property or after?

what is it generally used for if you buy and hold properties. Im speaking about multifamily properties btw. I don't know if it different for SFH or not.

Hey Bp folks. Can someone help me understand price per sq ft. Im having a hard time understanding it and its uses. Thank you!!!

I believe your spot on as far as analyzing a market, but Im talking about right before the 30 day due diligence begins. Theres certain information that needs to be reviewed before I decide to proceed to do the due diligence. 

Thank you for you response.

Hello BP world. I know certain information should be required before I begin the due diligence. I was wondering if anyone could kindly good over my list to make sure I'm not missing any significant documents.. Here Goes!!!.

-Rent Roll

- P&L ( Past 24months and current)

-Tenant Ledger

-Occupancy Percent 

-APOD (Annual Property Operating Data)

Does the property inspection come before the Purchase and Sell Agreement or after. 

Thanks.

Thank you sir for your time and energy. Now I feel well equipped going out in the RE world. Thanks again.