All Forum Posts by: Ghassan Jabali

Hello Ethan,

That's fantastic! If you're just starting out, but do have plans to grow, I may recommend considering establishing a real estate company so that you can contain any business liability inside the entity and utilize tax mitigation strategies, this can help set you up for success with working with third parties and when you start doing your own deals.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication

Hello Saul,

I hope you're having a great day so far. Wholesaling is definitely a good thing to become knowledgeable about and make a good sum from helping make deals between people. That drive to learn and push yourself is aways important to have.

If you have not done so already, I may recommend considering establishing a wholesaling company so that you can contain any wayward liability inside the LLC and utilize tax mitigation strategies, this can help set you up for success with working with third parties and when you start doing your own deals.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication

Hello Ethan,

I hope you're having a great day so far. That is good to hear about how passionate you are with regards to your aspirations and focus on Real Estate. I really do hope that you're able to find good opportunities and work with both local and out-of-state investors.

Depending on what kind of opportunities and businesses you want to focus on, I would recommend considering Trusts or LLCs to protect your interest in real estate or joint projects.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication

Hello Aleks,

I hope you're doing well. That is great to hear that you are starting out with your Real Estate Investing. I would definitely recommend as you go forward to also consider criminal activity, premise liability, and the projected growth of value, especially with any market considerations. I may also recommend considering structuring with Trusts and LLCs for Asset Protection and/or Anonymity concerns.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Amy,

I hope you're doing well. There is definitely uncertainty about Federal Funding for HUD, however, there may still be funding from the States to approve Section 8 Housing tenants for you. That can still help you with your real estate goals for renting the duplex. However, if you are also wanting to diversify your portfolio, then you can also rent to non-Section 8 tenants and/or offer the premises as a short term rental.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Eshe,

I hope you're well. That is great to hear about forming your LLC. Depending on your level of activity, we may recommend wholesaling in a subsidiary of the LLC so that if there is any liability that is triggered from one wholesale deal that you can isolate it inside of that subsidiary and close it down without compromising your parent LLC that has the trademark. We would also recommend making sure you have a good Letter of Intent and that it is reviewed to make sure any offers you send out to wholesale provide you the most protection to your position as you try to make deals.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Ashish,

I hope you're doing well. Generally, being a Manager means the individual has vested power to direct matters of the company and is able to hire employees. Being an Employee of the company means that the individual can be seen simply as an Agent of the company. Ideally, it could be better to have the Principal Broker be an employee if their role will be more limited in your company. You may still pay them an un-fixed salary as an employee.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Matthew,

I hope you're doing well. That is very exciting news. We would definitely recommend connecting with local realtors and developers, but also consider whether you want to transfer the land into a trust or LLC for more anonymity and asset protection going forward as you plan to develop it.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Gp,

I hope you're doing well. Generally, we have noticed an increase in insurance costs across the nation, especially as inflation continues year after year. Some aspects to consider would include the location of the property for any natural disasters, criminal activity, the state of the property, and any potential liability exposures. We may recommend searching for insurance providers local to the area for better pricing options before looking into large providers that are nationwide.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.

Hello Santiago

I hope you're doing well. I would agree with Zach's answer. If the numbers work it can be great to acquire any property, big or small in scope. Growing your portfolio and gaining experience is important. We would not normally recommend doing rehab without a General Contractor unless you yourself were experienced as a General Contractor to handle all the work. Having a General Contractor that is also licensed and bonded can also insure the level of quality and have insurance to go after should any mistakes be made.

Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice. No attorney-client, fiduciary, or professional relationship is established through this communication.