All Forum Posts by: Joel Trout

Hello,

does anyone know of an experienced raw land flipper operating in North Carolina that would be interested in partnering on a deal?

I personally don't mind debt. That being said,  I wouldn't get a mortgage unless I could afford the payments even if all the units were vacant. My plan is to have only 4 mortgages at a time, with all of my excess cash flow going into paying down the first one. This should allow me to buy one more each year, which is plenty for me.

I'm in Cadillac. Pretty new also. 

Welcome from cadillac michigan. New investor myself.

Thanks Jordan. Good luck to you as well.

Hello, 

I am a brand new investor, living and investing in Cadillac Michigan.  I just recently got a 4 unit multi-family under contract, and will be house hacking.

I intend to form an LLC to handle the property management. I have 2 questions about this:

1) can I operate a property management LLC for my own properties without being liscened real estate agent/broker(Michigan requirement for property management of other peoples properties.)

2.) In the lease agreement, do I put the LLC as the landlord, or my own name(property is in my own name.)

Also, where is a source for a good rental agreement?

Any other advice you would like to give would be appreciated.