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Investing Advice.

 
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nicholas_361@yahoo.com
Junior Member


Joined: 06 Jun 2007
Posts: 1
Location: USA

PostPosted: Wed Jun 06, 2007 5:44 am    Post subject: Investing Advice. Reply with quote

Hi everybody. If anybody could point me to the right direction it will be greatly appreciated. I'm a 20-year-old male who is interested in REI. I have the startup money, but I’m wondering what should I do to start? I've studied and read books. I have some knowledge, but now I want to get into action.
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teamsage
Junior Member


Joined: 22 Jun 2006
Posts: 34
Location: Temecula California

PostPosted: Mon Jun 25, 2007 9:41 am    Post subject: Investing Reply with quote

It all depends on what you want to do with the properties after you purchase them. Also, how many properties are you going to purchase?

The first thing I would do is set up a corporation. This does a few things for you. First it protects you and seperates your personal finance from being attacked if something goes wrong. Second it allows you to flip properties without having to pay large amounts of capital gains tax, and third it simply looks more professional.

Depending on your interest I would first get a business plan put together and have all your goals and mission statement figured out. Then begin your search for properties. Being organized is very important.

Hope this helps for starters.
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"Residential and Investment Specialist"
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mailto:teamsage@gmail.com
951-834-2840
or
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Rishi
Member


Joined: 08 Jan 2009
Posts: 81

PostPosted: Fri Jan 09, 2009 12:27 am    Post subject: MONITOR YOUR PROPERTY WITH AUGTICS Reply with quote

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