All Forum Posts by: Victor N.

Hi everyone, I just formed a LLC in Wyoming and intend to buy properties in Alabama.

I live on the east coast however. Do I need to register my LLC in my home state as well or is a foreign registration in Alabama sufficient?

Thanks. 

Great, thank you for the insight Matthew!

Hi all, 

Buying a rental property for the first time, and saw a video advising against concrete foundations. Anyone who can some insight into this? It's a new build that I'm looking at. Thanks. 

Hello, 

I'm a first-time out-of-state investor. I live in Washington DC but set up an LLC already in Kansas because I was planning to buy properties in Kansas City. But after looking there for a while I think I might expand my search to other states.

Any advice on the best way to handle the business entity formation? I'm an individual investor and doing it alone at the moment. A lot of people set up entities in Wyoming it seems. Since I'm just starting out, I'd like to make sure I can do this right for the long run. Thanks!

Hi all, 

Starting out on building a rental portfolio, looking at single families between 200k to 400k in Johnson County, Kansas. Given the current interest rates, I've put down the numbers in a couple of calculators and the results are all negative cashflow. 

20-25% down, 7.5% interest, rents come in anywhere between 1800 to 2500 a month. 

Any thoughts? 

Thanks, 

Victor

I'm just starting out and think I can benefit from a good mentor/coach. Looking at WNN Properties now. Has anyone had experience with them or others? Thanks. 

Hello all,

My name's Victor Ning, and I'm based in DC. I'm new to real estate and would like to build a rental portfolio. I'd like to meet like-minded people here and grow together. 

Victor