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 How many times have you heard, "You have to start by building a team." While that is true it is also important to have a basic understanding of how your legal and accounting activities will work. There is nothing worse than earning a bunch of money in your first real estate endeavor and not have a good accountant to make sure you only pay the necessary taxes. How do you know who the "right" accountant is without having some basic knowledge of real estate accounting? The same holds true for an attorney.
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 One of the most common investment strategies employed by those who buy and sell property for a short-term gain is back-to-back close. As the term indicates, this technique involves two closings – or completed real estate transactions – which happen at essentially the same time.
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 - without ever leaving your house -
Our company buys houses in several states and we don’t leave the office. The most
frequent question I am asked is, “How do I handle the rehab … so far away?” You must
build a team of people that you trust.
- Attorneys
- Sign Companies
- Printers
- Lenders
- Real Estate Agents
- Residents & BUYERS!!!
- Property Managers
- Appraisers
- Handymen
- Contractors
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 Judson Voss: So we've got Brandon Smith with us here today from Carter CPA. Brandon has been on before. I'm trying to remember what Brandon talked about last time.
Lynn Voss: He talked about 1031 exchanges.
Judson: 1031 exchanges, that's right. So many people have asked about, as they're going to get started in the real estate investing, what kind of entity should they have, LLC, S Corp, C Corp, nothing at all, so on and so forth. We thought it was really important to bring Brandon back so you can sort of guide us through those waters a little bit more when we're trying to consider what to do, because you know it costs money to set up the entity; we don't want to do it too many times.
Lynn: Right.
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Coming Soon
Resource 1
Resource 1
Resource 1
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