All Forum Posts by: Junior Soares

good evening Ron, please send me more information at your earliest convenience. My email is [email protected] Best, Junior

Hi Jason, please email me more info on these if they're still available. my email is [email protected] Junior

no worries, I have cash on hand please email me when you can

Hi Amy, 

Are these all your personal rentals? Please send me more information on these I am very interested. 

My email is [email protected]

Best, 

Junior 

I would definitely set up an LLC for each rental property you own. I am having my LLC created in Nevada as a holding LLC and I will be opening an LLC in Midland Michigan where one of my rentals is and have the Nevada LLC own it. if structured properly you can have protection both on the outside and inside. Happy Investing

Hello BP! I'm getting ready to purchase a property in Chicago Heights, IL and was wondering if anyone out there has a good recommendation on a property management company? Thank you and I very much appreciate it Junior

you're absolutely right, after saving what seemed like forever for a down payment for my home here in the Bay Area I thought There's no way I would achieve my goals of investing in real estate to achieve financial freedom within 15 years. Then after many books, seminars, webinars, podcasts I took the plunge and invest out of State. have 1 in Michigan which cash flows 11% COC and currently working on attaining my second one in Euclid Ohio. Best of luck in your real estate endeavors. Junior

Hi @Account Closed, I also live here in the bay area and do out of state real estate investing. With the right team in place, it can be very passive. I have one in michigan and currently putting in an offer on one in Ohio. 

It all depends on your goals. For me, I want cash flow to replace my income and long term hold so I can make bigger moves once my properties are all paid off. I seek out of state because its almost impossible to find a cash flowing decent deal here in the bay area even if you go out to Sacramento. If appreciation and quick gains is what you want, invest in the here in the bay for sure. If you want cash flow to replace your current income, I suggest investing out of state. (Slower appreciation, monthly check in the mail like clockwork) 

Either way you choose, congrats on all of your hard work. You are ahead of the game for sure. 

Just my personal opinion. 

Junior 

Thank you all for your very humbled responses. I Very much appreciate the feedback. I have since been doing much more research and will be shifting my focus to the Euclid area and will be in close contact with you all. God bless Junior

Hi Lincoln, I very much appreciate your reply. would you recommend any zip codes in the area that will work within my budget?