All Forum Posts by: Tyler Jenkins

We are about to start an llc to start investing in real estate(wholesaling, rehabing, buy and holds). My wife is a REA and will list our houses that we flip in the future. Is this a conflict of interest? Should I just put the LLC in my name? Thank you for your responses ahead of time.

I probably shouldn't have mentioned it as a partnership as my partners name will not be on any of the documents. We will have our own agrrement written up but that's it. He will simply hand me over the cash and I will take care of the rest.

If you read my intro you know that I am somewhat new to real estate. I have never “invested” in real estate except for my homestead. I know a bit about real estate as my wife is a realtor. Here’s my question. If you had access to 100-150k (silent partner at %50) to invest, what would you do? I have been looking at building a spec home as well as flipping houses. I would like to build some cash up to eventually buy and hold whether it be single family or multi-family units. Should I start an LLC and do it under that or start doing it in my name? I have a lot to learn on the tax side of things. So what would you do?

Flipping, buy and hold as well as building spec homes.

Joined a few weeks ago figure it's a good time to introduce myself. My name is Tyler and I was born and raised in Destin, FL.I skipped college and went straight into the family business which is in the moving and storage industry. I'm am getting to where I want to start investing in Real Estate. I have a cash partner and am starting to look for deals.Thanks for future input.