All Forum Posts by: Mary Kenney
Mary Kenney has started 4 posts and replied 7 times.
Post: Buying first house out of state
- Attorney
- Palm Beach, FL
- Posts 7
- Votes 6
It will be our primary residence. We plan to live in it for a couple of years, fix it up, and then rent it out or flip it.
Post: Buying first house out of state
- Attorney
- Palm Beach, FL
- Posts 7
- Votes 6
Hello, my partner and I are ready to buy our first home. However, we want to move to a new state (NC) from where we are currently (FL). What do we need to do to buy a house out of state? What processes and things should we be aware of when buying out of state? Can anyone recommend realtors in the Winston-Salem area? We need all the help we can get. Thank you!
Post: Should I create an LLC to start purchasing properties?
- Attorney
- Palm Beach, FL
- Posts 7
- Votes 6
Hello investors,
Should I create an LLC to start buying properties with? Specifically, the plan is to buy single family and small multifamily homes to rent out.
What are the tax benefits of buying these properties under an LLC? Would you suggest operating under one to start out? Thank you!
Post: Foreclosure as First Time Buy
- Attorney
- Palm Beach, FL
- Posts 7
- Votes 6
@Nathan Harden why is that?
Post: Foreclosure as First Time Buy
- Attorney
- Palm Beach, FL
- Posts 7
- Votes 6
Hello!
Advice on buying a foreclosure as my first property? Is the process a lot harder than going the traditional route? Any insights are appreciated :)
@Lucie Tighe our target is middleclass single family and and small multifamily homes. We are just starting out but our goal is to accumulate enough rentals to make it our only business. It just feels like FL, and South FL specifically where we are from, is too expensive to make any rental profit.
Hi Guys,
What's your opinion on starting out with real estate investing in FL? I've heard mixed things, but wanted to see if there is anyone out there that has had success in FL, and if so, where in FL? Thanks!