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All Forum Posts by: Ryan Blackstone

Ryan Blackstone has started 28 posts and replied 349 times.

Post: Multi Unit in Arkansas Entity Formation

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240
Quote from @Christopher Lopez:
Quote from @Ryan Blackstone:

I can't speak to much here, but I do know on our Articles of Organization, you do have to name "officers" and that is where I can find people. Or I have to go 2-3 addresses deep because you have to put down an address. So, I typically see who owns the "agent address" and that allows me to track down the owner. Some clients of mine have formed Delaware LLC's to hide.

My questions would be: What would be the purpose to you to form an Arkansas LLC? and How much protection are you really wanting? In my opinion, I wouldn't form an Arkansas LLC. if you like WY, why not form one there and have the benefactors be the personal LLC's?

I am interested to hear others thoughts. 

Biggest item is the anonymity. 
secondary would be the charging laws that WY offers.

I figured to have an entity formed in AR because if not from my research you would need to qualify a foreign entity in AR so figured it might be easier to just form an AR LLC to hold the prop, and then it roll up into a WY that would function as a HoldCo of sorts and ultimately achieve my goal.

will note that tertiary to this would be protection from each of us internally. Hence the subset of LLCs being ultimate BOs.


I’m willing to listen to other ideas tho  


Awesome. Then, I think you are correct to set up an Arkansas LLC and Wyoming. Arkansas is cheap, so I would just do it. You don't get anonymity in Arkansas for sure.

Post: Multi Unit in Arkansas Entity Formation

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

I can't speak to much here, but I do know on our Articles of Organization, you do have to name "officers" and that is where I can find people. Or I have to go 2-3 addresses deep because you have to put down an address. So, I typically see who owns the "agent address" and that allows me to track down the owner. Some clients of mine have formed Delaware LLC's to hide.

My questions would be: What would be the purpose to you to form an Arkansas LLC? and How much protection are you really wanting? In my opinion, I wouldn't form an Arkansas LLC. if you like WY, why not form one there and have the benefactors be the personal LLC's?

I am interested to hear others thoughts. 

Post: Looking for an Accountant in Arkansas

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

We just switched over to Hall CPA and our experience has been great so far. We have a strategy session tomorrow to prepare for 2023. Here is a link to their website. 

Post: CPA recommendations please

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

Brandon Hall with Real estate CPA.

Post: Coaching Programs for Realtors

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

I connected with other agents in my office, and went through all the education programs through Keller Williams. Then, I got a coach. They grew me from 16 transactions the previous year to 132 transaction in 2 years. I follow the leverage process spelled out in the MREA. 

Post: Looking for an agent that is also an investor

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

Hey Antonio. My team and I are investors and agents in NWA. We would love to help you with your first deal. I will DM you. 

Post: Looking to Connect In Northwest Arkansas Market

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

Welcome Bro! Make sure to come to our meetup. You will love it, and sorry I already claimed the Title of NWA's biggest fan. 

Post: Arkansas Tax Delinquent Properties

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@Account Closed gave you the website to look them up and see when they will be done. All sales are cash and there is a redemption period. any title company can help you clean the title after the close. You could get some great deals there, but it has been very very full the last time they had the auctions in Washington and Benton County. 

Post: Connect with others to buy 20+ units in Arkansas

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

I can connect you with people here in Northwest Arkansas.

Post: Seeking Private Lenders in Northwest Arkansas

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

Have you tried some of the banks offering Non-QM Loans?