All Forum Posts by: Kenneth Johnson

@Mitch Messer Do you mean that you would have a Property Management company lease the property to the tenant or do you mean an additional company should lease it to them.

For example.  If he uses abc llc. to hold and rent the property, he should use abcd llc. to lease it out or use a management company?

@Max Butler Read many books.  There are many books listed under educational section here on BP...  I also highly recommend reading "The Millionaire Real Estate Investor" By Gary Keller

@Account Closed I'm looking to add property manager to my network.  Can you send me some information/pricing on management of single family rentals?

I by no means know anything about this subject, but I have a question about something I heard related to this. I heard that if you change or quit your job, you can move the 401k to an IRA... Is that true? If so, and changing careers is a possibility, might be able to achieve your goal? Experts know what I'm talking about or am I not even close??

@Chris Schild Tuesday 4/25 there is a BP meetup.  Might have to search for the post.  Don't think I will make it, it is my Wife and I's anniversary. Otherwise I was looking forward to being there.  Welcome to BP.

@Mitch Messer Add me to your list please.  I would like to keep up to date on whats available.

@Willy Wallace I'm an investor in the Cumming area... Let me know if I can help you with something.

Kenneth

This was the first meeting I went to. Didn't feel any sales pressure. There were venders there that interested me, but not a sales driven event. Thank you to the volunteers that organize this meeting each month. Kenneth

here is quote in Georgia for 2.0 Ton Carrier using existing furnace. Half of the 2 unit, 4.5 Ton Total  system. 

Licensed and reputable local company...

$3059.00

AC's are approximately 12 years old. I would recommend replacement of the equipment .

Condenser&Coil

14/2T Up L1

MAIN FLOOR PROPOSAL:

Provide and Install new Carrier Comfort Series 2 ton 14 SEER air conditioner and matching all aluminum cased upflow evaporator coil. Includes removing and disposing of existing equipment and refrigerant per EPA requirements. Providing and Installing support pad for outdoor unit. Disconnecting and reconnecting existing drain line, refrigerant lines, plenums, low and high voltage as required. Flushing refrigerant lines per manufacturers recommendations, pressure test and vacuum all lines to prevent leaks and moisture. Charging refrigerant system and start-up both cooling and heating modes per manufacturers specifications. Cleaning job site and Instructing owner on operation of new

equipment. AC= 24ACC424A003 Coil =

CNPVP2414ALA or C24A142L109W (L1).....

@Tim Fordham nice to meet you yesterday at the meeting. Cool to come across you here. 

Kenneth 

@David Dachtera I also hear a lot about getting first deal and not worrying about an LLC. However, that statement about holding property in your personal name being a big no-no has me wondering. Even before my first flip, I should have an LLC in place to place the deed? Financing via HML or Private lender would be in my personal name but place the deed in name of LLC is what you are saying? Here in Georgia it is pretty easy to set up an LLC from the Sec Of State website in just a couple minutes. Ultimately I will be consulting a CPA once I network with one this week, just wondering your thoughts.

Kenneth