All Forum Posts by: Kristen Ray

Hello BP!

We are new to REI. We are in the process of setting up our LLC in Maryland. However, we intend to do business in Washington, DC as well.

Does anyone know the process of buying, selling, flipping houses in Washington, DC with an out of state business? I know there is additional paperwork to file (and prob a fee to pay) but I am unsure of where to look for that information. Does anyone have a link to such information?  We are new to the business world but eager to learn and take action.

Best Regards,

Hello BP!

We are new REI in the DMV area. We are seeking to launch our business in early 2018. With that being said we are looking for an experienced REI in the DMV area to be a mentor and possible partner. Please reply to this ad or PM me if interested.

Best Regards

Hello BP!

We are new REI in the DMV area. We are seeking to launch our business in early 2018. With that being said we are looking for an experienced REI in the Washington, DC area to be a mentor and possible partner. Please reply to this ad or PM me if interested.

Best Regards

@Andrew Kerr thank you

@Brent Fisher Looks good to me. I know a reasonably priced editor if you wanted some professional input. If you’d like her contact information DM me.

@Robert Rayford thank you for your response. I will look into this further.

Hello BP!

How did you develop your contracts for your contractors? Particularly, the contractors that were doing repairs on the property?

Please share

Hello BP!

We are starting a LLC that will initially focus on real estate flipping. Traditionally, taxes and home owners insurance is paid via escrow via the bank that carries the home loan (at least that has been my personal experience). With that being said, how do you approach paying taxes and home owners insurance?

Please share

Hello BP!

This question is for anyone with a RE LLC. What type of insurance is recommended for the business?

Please Share

Hello BP!

We are new to REI. We are currently forming a LLC and will start with flipping residential homes in our local area. We are considering using hard money lenders to finance a few flips. With that being said, what has you experience been with attaining property/home owners insurance while the property is in your possession? Traditionally, insurance and taxes are paid via escrow. How does that work with hard money/personal loans?

Please share