All Forum Posts by: Trent Wyss

@Kyle Marsh Very impressive! Do you plan on monetizing this software?

@Jp Kilduff The multistep process for LLCs has definitely caused problems with different skip tracing services I have tried. I would appreciate more info on companies that can skip trace with accuracy. Thanks

@John Coffman Why would you only be getting 2.4% of the ownership if you are putting down 12% (100/840=0.119) of the equity? You should be getting 12% ownership. 

I would have to agree with the majority. Two LLC's is the best for both liability reasons and separates an operating business from a passive one.

I think there is still opportunity in STNL if an investor is willing to have a regional tenant over a national one. Regional tenants are not necessarily riskier than national tenants. An example would be an outpatient facitliy, it may not be a name brand to the general public, but very well may have a strong regional healthcare system signing the lease.

Hi Bart. I recently started investing in industrial and closed my first deal last month. My target market is the Midwest. Looking to grow in both industrial and retail assets and would love to connect.

Hey everyone, I have been getting property lists off of Datatree, which has been great. My biggest issue is most of the properties I am looking at, are in LLCs. When I skip trace the data, (Fiverr and Lead Sherpa) the mailing address has been coming back either as the property address or the agents (typically the attorney of the LLC) address. I need help with scrubbing my data to only get the mailing addresses and names of the LLC manager. Any resources or suggestions? Any help would be greatly appreciated.

Thank you

I vote for #1 as it states exactly what the premise of the book is.

@Jonathan Klemm My goal is to start wholesaling Commerical property. Due to the asset class, I want to cast a pretty wide net. 

@Scott Swanson Thank you for the info.

Hey everyone,

I am looking to get into wholesaling in the IL, IN, and IA markets. I am looking for legal advice regarding each market. I know that in Illinois you need to have your broker's license to wholesale, is this true for Iowa and Indiana as well? If anyone can recommend an experienced real estate attorney I would love to chat with them. 

Feel free to PM me.

Thanks