thanks for your feedback!
heres some background info:
Computer Science BS Degree
8-5 J.O.B at an MLS company
CA and NV licensed real estate agent for 9 months with only 1 sale(my own condo) i feel bad but i earned some credibility.
studying for arizona license
taking my broker’s license a year from now
ive been working on my business plan for the past 3 days.
i have about 50 pages for my business plan.
project management courses worked out well for me so heres what i have so far =)
-all in great details–
1 year plan
5 year plan
structured proposal agreements
creative financing techniques(seller/owner financing, wraps, lease options, sub2, short sales)
detailed my strengths, weaknesses, advantages, disadvantages.
LLCs will have full insurance
3 Tier Asset Protection: C Corp → Multiple Nevada LLCs → Land trusts
Personal Asset Protection: Nevada LLC → Family Limited Partnership -revocable trust
Operating agreement (150+ pages)
Outlined taxation and a few real estate laws
pretty much ill be working my brain cells to operate and i am surrounding myself with smart/professional people.
so far i have been to investment club meetings, teamed/networked with real estate agents, seasoned investors, an underwriter, loan officer, and a hard money lender. im still searching for a real estate attorney, financial advisor, investment bankers, and a pre development crew to complete my team
my worries are performing creative techniques ethically and lawfully. i will disclose myself as a principal buyer, for profit, and as a licensed agent. i will also have another agent represent my LLC’s when buying properties. please let me know if im missing any other disclosures.
im separating myself from 3000 new licensed agents and majority of experience realtors shutting out investors - therefore less competition. im just seeking reassurance with my creative real estate ideas and i surely dont want to lose my realtor license “thinking outside the box”
i just finished closing escrow and looking for my 2nd property now.
registering my LLC next week.
finished designing my- 2 websites(regular real estate and investment)
M O T I V A T E D