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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 25 Apr 2005 09:05:18 -0700
/ Author of the message: "speednxs" |
Title of the message: |
Re: Real Estate Investing
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Text of the message: |
ccolaso@gmail.com wrote: > Hello, > > I am planning to invest in real estate and come up with a plan.... > > I will open 2 companies (LLCs). The first company will buy real estate > and second company will mange the properties i.e. collecting rents and > marketing my real estates etc. Even though I have this plan but have > few questions also and those questions are: > This seems like an excellent idea to me. One entity owns the real estate (holds the asset) and makes as much of the profit as possible and the other entity runs it. You will probably have to sign personally on the mortgage. So, for instance, tenants sign contracts with the equity poor entity. You may find that contractors will only do work for the owner so that they can potentially put leins against the property. So your protection isn't perfect, but what is? This may be overkill for just one property. Put all your insurance with one |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.