CashFlowExperts.Biz

Michael Ferrantelli
I still am not sure where to start in real estate….what is the fastest and best way to make money in real estate with the least fuss? Thanks Tom

TOM - Foreclosures made me the fastest money in real estate. I would say you should start there.

Try this live training program @ www.LiveForeclosureTraining.biz

Join at www.CashflowAffiliates.biz and make easy money!

Mike Cramer
Tom, What banks issue these lines of credit?

TOM - you will get a complete list of contacts for 10 national lenders when you get my program “The ultimate real estate investor’s guide”

Keith Stout
If eight members establish $20,000 to $30,000 each in business credit, can these same eight members create a new LLC and repeat this same process? Or, does there need to be a new 8 members?

TOM - you do not need 8 members, you can start an LLC by yourself or with one or two partners. Each LLC can get $200,000 more in credit!

Keith Stout
What is the best ratio of members in an LLC be?
TOM - If I am taking members into my LLC, I like to take 2 and give each of them 20% ownership in the LLC, leaving 60% for myself.

Stacey Williams
I’m in the process of starting my real estate investing business. What is the best way to go about naming my business?

TOM - name it something that sounds like a service provider. It may give people a bad feeling to do business with an INVESTMENT company - so some people avoid that.

I do use the word investments in many of my LLC’s - and it does not seem to bother my clients.

Keith Stout
Hi Tom, Is filing a business name a separate thing from forming the actual LLC? Is all I need to do to get business credit applications is to file a business name? And, that name should reflect “management” in it for maximum credit lines? Keith

TOM - It is the same. Creating an LLC is getting your business name. That is the first step needed when you follow my system. Then you just contact my lenders and follow the templates.

The template suggests you say that you do mang. In order to get the biggest lines of credit. But that is not something you need to declare anywhere on the LLC filed paperwork.

Monday night Real Estate call replay is at
(641) 985-0500 use Participant Code: 378283#  ESTATE#

Slide show on the internet   @  http://tomsdeal.com/

Shayne can be contacted about the Red Rox investment opportunity @ Contact@Tomsdeal.com
 

Ara Sarkissian
Hello Tom, I live in California. Do you have anything positive to say about the CA market and how I should be using your system? Where is the best state to have your LLC in that requires no yearly renewal fee? Thank you Ara

TOM - I do not look at what states are the best, I look at what deals are the best. So any really good deal appeals to me in any market.

The best way to use my money system is by investing in a deal that meets your personal needs. Are you looking for quick cash and willing to do some work? Are you looking for passive investments to pay you over time?

There are many good training programs that I recommend to help people find the kind of opportunities that meet their needs.

And some good states to start an LLC in are MN, AZ and NJ.

Listen to this real estate training replay @
http://www.meetthecashking.biz/

Lonnie White
Tom, ? and is there any benefit to me buying a aged LLC?

TOM - There may be a slight benefit to buying an LLC that was set up by someone else a few years ago. But my system does not require this to be done, and you may find it easier to get credit following my recipe and starting a new LLC on your own.