All Forum Posts by: Non Phan

Can you expand a little on how you go about selling the LLC, Joe? Are there any legal restrictions/differences between selling the LLC vs. the property?

What I'm most curious about is how does one go about refinancing a house that's in an LLC?

I was very curious about the same thing as I finished some of Robert Kiyosaki's books as well. The books make it seem like you're putting so much at risk without having some asset protection Corporation handling your assets but never goes much into the why and how of transferring between the individual and the corporation and how ownership works. 

After some consideration, I personally decided that when I purchase my first property through financing I would not worry about LLC - yet.

Oh wow, thank you for the advice Michael. I spend all this time thinking about the actual properties themselves and didn't even think about researching demographic!

Hello everyone,

I recently moved to Las Vegas and am pursuing a Real Estate Agent license. While I'm waiting for the course work to be completed what are some ways I can research this brand new market that I know little to nothing about?

What are some tips you have on researching comparables and getting reliable data? I would very much appreciate any guidance in this from seasoned and beginning investors alike!

I think the biggest thing I'm hoping to get out of the license is gaining an understanding of the Las Vegas Market and hopefully employment with a Broke who focuses on training and mentoring. 

Oh, I think I just listened to that podcast a few days ago. Something to keep in mind before pursuing a license is that you have to worry not just about the acquisition but also the maintenance of your license. In Nevada, you actually have to hang your license with a Broker's company and all transactions are done under the broker's name and not your own. 

There were lots of other things I didn't think about before embarking on the licensing process either which are detailed in this blog post: Should I Get My Real Estate License? An Investor’s Examination of Benefits & Costs

Hello BiggerPocket community!

I'm new to the world of real estate and investing in general and have finally found the courage to stop lurking and introduce myself to this incredibly helpful community. I have yet to make an actual purchase due to my recent relocation to Las Vegas, Nevada from Orange County, California. Couple that with a lack of capital, I've decided to pursue a RE Saleperson (Agent outside of Nevada) license to gain a working knowledge of my market and laws in the meanwhile. I'm eager to learn and connect with other like-minded individual, especially those who are familiar with the Las Vegas market.

I'd like an opinion from all investors out there on my pursuing a part-time career as a RE Agent. I've read many posts about how an investor should not (or it is not in an investor's interest) to work with a part-time agent since they're not as devoted to the job as a full-timer may be. I'm hoping to be specialized in representing the interest of the Buyer's with emphasis on investment property. Would that focus be an asset or a hindrance in starting out as a Real Estate Agent?