All Forum Posts by: Al Wilson
Al Wilson has started 1 posts and replied 1062 times.
Post: Oil Tank?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Call your attorney. Good luck.
Post: Myrtle Beach/ condos/ HOA fees/ profits
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Unless Myrtle Beach is different than other coastal markets, your condo will not cash flow. The primary reason is COA dues. Good luck.
Post: Who is/are the most important member(s) for your team?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Lawyer and CPA, in either order. Good luck.
Post: Wholesaling and Earnest Money Deposit
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
You can't. Back to the drawing board. Good luck.
Post: LLC formation / asset protection
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Legal questions are for lawyers. It's what they do, so please visit with yours instead of looking for legal advice from an Internet forum. Good luck.
Post: Seller went behind my back and sold the property.
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Move on and better luck with the next one.
Or, you could ask your lawyer to make sure that you can transfer your contract under your state's law.
Post: Is switching banks okay?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Go for it. Good luck.
Post: Is forming LLC for my rental properties a good option?
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
We buy all of our properties in LLC's for limitation of liability purposes. Good luck.
Post: How to finance a Duplex with little down as possible
Al WilsonPosted
- Investor
- Daphne, AL
- Posts 1,121
- Votes 242
Either that or wait until you find something that you can actually afford.