From the category archives:

Building the Business

My Business Philosophy

July 31, 2008

I’ve gotten a lot of questions recently about what parts of the rehab work I’ll be doing myself, and why the hell am I planning to hire the expensive contractors vs. just picking up day laborers to do the easy stuff or doing it myself. The answer is obvious (to me, at least), and is […]

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Getting & Building Credit

July 25, 2008

As I start to build my business, I keep getting the recommendation to build business credit earlier and often…as when I actually need credit, I won’t be able to get it… So, I’ve been focusing this week on finalizing my financial setup (opening a business bank account, setting up Quickbooks, etc), and I’ve put together […]

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My Strategy From Here

July 18, 2008

A lot of people who have been reading my blog have been asking why I’m focusing so much on single family houses recently when my plan was originally to focus on apartment investing. It’s a good question, and I can understand why those following this blog would be confused…I haven’t really clarified my plans in […]

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Update for 7/17/08

July 17, 2008

I know, not the most creative of blog post titles, but it will have to do… Lots of “fun” stuff happened the past couple days: 1. Met with a couple more banks. While they aren’t going to be able to get me the financing I’d like, I may not be in a position to be […]

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Lish Properties, LLC

June 11, 2008

A couple weeks back, I hired a law firm here in Atlanta to handle the incorporation (actually, organizing the LLCs) of both my real estate company and my fiancee’s communications company. The firm was tremendously professional and had the filings completed within a week. We just received our official notices of LLC organization, our boiler-plate […]

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Finding a CPA (Part 3)

May 21, 2008

On the first day of my trip back to Atlanta, I spent much of the day driving around the city and suburbs interviewing CPAs. Let me start by saying I wasn’t at all impressed with the overall quality of the CPAs I spoke with. The bottom of the barrel were the ones who obviously knew […]

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Creating Our Corporations

May 15, 2008

After some research and talking to a CPA, I’ve decided that both of the businesses that my fiancee and I will create will be structured as multi-member Limited Liability Companies (LLCs), and that they will likely be taxed as S-Corporations (LLCs can be taxed as any other corporate or partnership entity). I will own 51% […]

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Lish Properties

May 9, 2008

Today I picked a name for my business. It will be called “Lish Properties.” Why the name “Lish”? Simple really… My dog’s name is Rookie. Still not obvious how I got to Lish, huh? 🙂 Don’t ask me why, but ever since Rookie was a puppy, I’ve always called her “Rookie D. Licious.” And very […]

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