All Forum Posts by: Dustin Haug

@Nicholas Armstrong hi there looking at investing in Alabama, currently invest in Ca and IN. Are you still in area? Do you have a connection to a realtor who works with out of state investors?

0 Votes

Hello,

We are currently consolidation our 3 LLC into 1. Which means we need to transfer title from one LLC to another. These properties are owned in Indiana. Is there anyone that can tell me what difference it would make if I did a QCD versus a Warranty deed?

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@Waylon Zook Great. Thank you.

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Originally posted by @Todd Rasmussen:

@Guillermo Vladimir Robles

I can only think of three strategies if 50K is your total budget:

1) Subject to (you'd have to be able to pick up a significant mortgage payment)

2) Mobile homes too old to qualify for conventional financing

3) Lease a really nice car and buy some designer suits. Befriend a middle aged woman with an elderly husband. Wait for him to die, marry her, then wait for her to die. Half of half of something is better than all of nothing.

If your cash on hand is 50K you have some more options like live in flip or house hacking.

Are you trying to keep your total investment at 50K? or is 50K cash on hand? both?

Todd,

Very funny. Thank you for the hardy laugh..

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Los Angeles County, California

Originally posted by @Waylon Zook:

@Todd Ashley as owner of a company in IN i have a waiver for workmans comp. Any employees I may have need to be covered tho.

Others states laws may be different.

Waylon,

Are you using a standard W.C. waver form? Would you be willing to share it? I can't see the harm in using one.

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@Bill Hampton Thank you for your quick responce.

1 Vote

Hi,

Does anyone have a good referral for a CPA that has knowledge in out-of-state investing. I am located in Southern California "Chino Hills" area.

2 Votes

Originally posted by @Gerardo Escutia:

Originally posted by @Dustin Haug:

I tried Stessa and didn't care for it. I have multiple LLC's and it didn't break down the numbers I wanted at year end.

I am now using a spreadsheet I found on BP. It seems to be working well and simple to use. Not sure how to post the spread sheet here. If you want it PM me and I'll send it to you.

Hi Dustin do you mind sharing the spreadsheet, please?

I'm trying but having issues posting a file.

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I tried Stessa and didn't care for it. I have multiple LLC's and it didn't break down the numbers I wanted at year end.

I am now using a spreadsheet I found on BP. It seems to be working well and simple to use. Not sure how to post the spread sheet here. If you want it PM me and I'll send it to you.

1 Vote

@Tony Robinson @Katherine Rosa,

Tiny, congrats on the great purchase and rehab. We are located in Chino Hills not far from either of you. We have been purchasing properties in the Indianapolis area for the last few years and have learned alot. We have not used the 0 down loan and rehab yet but after reading your story we definitely will be looking into doing that.

After the whole Corona virus thing is over maybe we can all get together and share our stories.

Be well.

1 Vote

All Forum Posts by: Dustin Haug

Dustin Haug has started 6 posts and replied 23 times.

Post: Realtor from North Alabama

Post: Transferring title from one LLC to another LLC

Post: Workers Comp Waiver Forms?

Post: I’m looking for a $50,000 house in L.A.

Post: Workers Comp Waiver Forms?

Post: Referral for So Cal Tax guy for out of state investor

Post: Referral for So Cal Tax guy for out of state investor

Post: Software/spreadsheet for tracking properties

Post: Software/spreadsheet for tracking properties

Post: Completed My First BRRRR (With $0 Down) ! + Photos & Details