All Forum Posts by: Phil Z.

As J Beard said, you would file a Foreign Registration in NY, which will allow your CT LLC to do business in NY. This is not the same as filing the same LLC Name in NY, which is technically a separate entity.

   Also as stated, there usually needs to be an 'Agent' with a location in NY.   There are Business Registration websites that offer Foreign Agent services for this purpose.

  You should discuss how to manage state taxes with an accountant.

Investors look at the numbers.  The numbers are going to equal out at the end of the day no matter how you word the deal.  If you have a deal with a profit, investors will buy, love you, and keep coming back.

Why not just make your wholesale fee $30k ..??

I have 2 properties.  One is a 2 family.  The other a mixed use with Mini-mart/Deli and 3 apartments.  Message me.

I have a property in Bridgeport coming up with a grocery store, 3 apartments and a large parking lot, but I dont have a price yet.   Also they are more corner-store / mini-marts.

Emailing you now .. ;)

Hi Alex, are you primarily in the Danbury area?

There's a monthly BP Fairfield meet-up in Fairfield, CT.

If you do anything in the New Haven, CT area I can help you out.

  As already stated.  Open Houses were designed for brokers to collect unrepresented Buyers and sellers to grow their business, not sell the home.

   If a buyer wants to see a home, they can call for a private showing any time.  Open Houses are for 'window shoppers'.

  As someone already stated.  Do not give it directly to the seller.  It needs to be held in a Trustee account by either a Title Company, Closing Attorney, or Real Estate Broker.

   But you should definitely put up the deposit.  When you get the wholesale buyer, you should require they put up an equal or higher deposit.

You have to find the listing agent and try to get an early foot in the door.  Try leaving a note at the property.