All Forum Posts by: Karl Dowden

Hello Jon,

I use Allstate Corporate Services. The representatives I have spoken to and/or emailed with have all been very helpful with filing entity documents and publication requirements for LLCs.

Karl

@Darren Sager 

Thanks again for all the work you put in to organize these events.
I'll be there.

This doesn't quite go to the point of your question, but if you haven't already factored this in, you should look into doing a 1031 exchange to defer paying taxes on your sale. This only applies if the property you are selling and the one you are buying are both investment property and you have to find and buy the new property within a certain time frame (I think three or six months), but it can save you quite a bit on taxes if it works for you.

Otherwise, I'd recommend parking your money in an index fund if you want a relatively safe investment. I'd recommend looking into Vanguard. Fidelity is another commonly recommended investment company, though I wouldn't know what type of investments to recommend for them.

Good luck!

I believe that the information is available in the Daily News newspaper. 

Hello Jeffrey,

Not sure if a degree in any given subject would be necessary for REI, but I would strongly recommend at least taking a few finance and business management courses. I find that being very comfortable with numbers is essential and I find myself wishing I had taken such courses in college.

How do you feel that information systems/computer science would help with real estate investing?

I'll be attending as well.

Thank you for organizing this event.