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All Forum Posts by: Justin Schoemehl

Justin Schoemehl has started 5 posts and replied 6 times.

Post: 2 Family U city Home

Justin SchoemehlPosted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 6
  • Votes 0

Post: TITLE AND ESCROW COMPANIES

Justin SchoemehlPosted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 6
  • Votes 0

If your in Saint Louis, MO area I am looking for the best title and escrow company for wholesalers would love any recommendations. 

Post: Lenders / Preapporval

Justin SchoemehlPosted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 6
  • Votes 0

Just wanted to get opinions on preapproval. I am finally in the position to start this investment journey and want to make sure all my ducks are in a row before putting in offers. Do you all recommend I get multiple pre-approvals from lenders or do I really just need one? Any benefits from doing one over the other? Thanks

Post: Should I start up an LLC if I am going into business with someone

Justin SchoemehlPosted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 6
  • Votes 0

Thank you, everyone, for contributing your knowledge and insight. I really do appreciate it. 

Post: Should I start up an LLC if I am going into business with someone

Justin SchoemehlPosted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 6
  • Votes 0

So I recently passed my real estate license and will be partnering up with a friend of mine who is a contractor and has had a successful flipping business. I have listened to Brandon Turner's advice on LLC's and he makes it seem like when you are just starting out they are not necessary, but he also was referring to a single investor. Does it only make sense for us to have an LLC with both our names on it? Biggest thing for us is when we get to the offering table I don't like the idea of "hey who's name will we put this in" I want us both to have equal stake/risk. Also, I am in Saint Louis, MO if that matters at all.

*note he already has an LLC set up and its through Nevada which he created when he went through the Fortune Builders course, should I just join that if its cheaper?

Post: [Calc Review] Help me analyze this deal

Justin SchoemehlPosted
  • Real Estate Agent
  • Saint Louis, MO
  • Posts 6
  • Votes 0

View report

*This link comes directly from our calculators, based on information input by the member who posted.