All Forum Posts by: Taylor West
Taylor West has started 7 posts and replied 42 times.
Post: New Member in Baton Rouge
- Baton Rouge, LA
- Posts 43
- Votes 7
Hey @Frank Klein
Welcome to BP. Maybe we can do lunch some time. I am looking to get into the buy and hold niche myself and I am sure you have great tips and tricks.
Post: Self directed IRA LLC
- Baton Rouge, LA
- Posts 43
- Votes 7
Mark,
@Dmitriy Fominchenko is the President of a Self-Directed IRA company. He can point you in the right direction as he did with me a week or two ago on a phone conference. Check him out and he can answer your questions.
Post: How to place property in an LLC
- Baton Rouge, LA
- Posts 43
- Votes 7
Tim,
@Justin Windhamsaid it correctly: register-agent
Post: How to place property in an LLC
- Baton Rouge, LA
- Posts 43
- Votes 7
@Tim WilderbeesteThank you for posting this. I am currently researching LLC's myself and have found Nevada, Wyoming, and Delaware to be the better states; however, I do not have/know someone who can formally accept paperwork if a lawsuit was to come up.
@James MillerThanks for the Series LLC lead. This form of an LLC might work for me and the investors I might work with in regards to multiple investments, but keeping the assets separate.
Post: Any Active Members in Baton Rouge, LA?
- Baton Rouge, LA
- Posts 43
- Votes 7
Robert has one this upcoming week I believe in Lafayette and one by @Alex Hamilton
Post: How to pick most favorable state for incorporation
- Baton Rouge, LA
- Posts 43
- Votes 7
Just found this too...
http://www.bizfilings.com/learn/which-state-incorporation.aspx
Post: Any Active Members in Baton Rouge, LA?
- Baton Rouge, LA
- Posts 43
- Votes 7
Anthony,
I live in BR and looking to get into the business of buy and hold. As Richard stated, the RING is a great place to start.
Post: How to pick most favorable state for incorporation
- Baton Rouge, LA
- Posts 43
- Votes 7
I googled how to and where last night and I can across this article
http://www.myllc.com/which-state-to-form-llc.aspx
Sounds like some states don't require any assets to be in that state that you file in??..Nevada and Wyoming (if I understood this correctly).
Post: Taking advantage of 0% APR credit card offers?
- Baton Rouge, LA
- Posts 43
- Votes 7
At the end of the day, it is hard to care about the credit score when you were just given $40-$60k and you know you will be using it for the 'good' type of debt. I have/had a score of 880. And the only perks to it is getting more CC's. So ya it's good to have for more CC's and credit when the time arrives
Post: Taking advantage of 0% APR credit card offers?
- Baton Rouge, LA
- Posts 43
- Votes 7
When people use the term 'guru,' it means a company that promotes their business by trying to sell you on that idea that you need them to succeed in real estate.
You can use the CC, if I remember correctly, for the down payment, or the cashier's check that they send you.