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carolstinson


All About freeindeed

freeindeed's picture
Name: 
Carol Stinson
Location: 
New Jersey
About Me: 

I believe that success starts with trying which is why my husband and I have taken the first step to financial freedom by purchasing "Be a real estate millionaire".

We are both dedicated to improving our quality of life and gaining financial freedom. We currently have a Home Remodeling business in NJ. Over the past 3 months we have learned a great deal about Real estate investing and have been able to successfully incorporate this new found passion into our remodeling business.

We are currently doing assignments and hope to purchase our own investment properties in the near future. We have partnered with several investors in the SJ area and our company continues to grow as a result of our new found relationships.

We have set high goals for the future and are willing to learn and apply ourselves to reaching those goals. Dean Graziosi has changed our life and we plan on continuing our training and practicing his principles until we become "A REAL ESTATE MILLIONAIR".

I encourage each person on this site to put Dean's tools to use and don't stop until you reach the top!

Check out our Home Remodeling Company http://cash4house.vpweb.com/

Interests: 
I enjoy painting Folk Art and interior decorating. I am a history buff and love restoring 18th century homes.

Topics I've Participated In

TitlePosterRepliesUpdated
FAQ: Answers To The Most Asked Questions - Start Here dgadmin3951 hour 50 min ago
Pastor Greg's Journal gregmerrill8417 hours 23 min ago
AND/OR ASSIGNS - How to Use It and Get It Accepted! Anitarny1892 days 16 hours ago
Creating Additional Income From Real Estate Anitarny93 days 4 hours ago
Owner financing freeindeed234 days 9 hours ago

Basic Info

Occupation: 
Artist/ Freelance writer
Children: 
Have Child(ren)
Education: 
Some College
Status: 
Married

Contact Me

Yahoo: 
carolstinson@yahoo.com

Sites I Visit

Blog: 
http://www.cdstinson.blogspot.com
Favorite #1: 
http://www.ehow.com

Guestbook

On 23:21pm, July 30th, 2008 freeindeed said:

Just wanted to introduce myself

I have just come on board and am eager to get involved. I just wanted to introduce myself to the community.

On 23:28pm, July 30th, 2008 Rina said:

Hi Carol!

It's great to have you join us!!
You'll find this an awesome place to find knowledge and support. Congratulations on taking that first step to your financial freedom!! You won't be disappointed.

Rina

On 0:10am, August 25th, 2008 cactusbob said:

Use an Existing LLC

You got a "Yes" answer to the basic question, but things sort of got off the track after that. I just wanted to add that the usual purpose of forming an LLC (or L.P. or Corp.) is to separate the assets of the LLC from your personal assets (called "asset preservation").

This shields your other assets from a law suit that might be filed against the LLC, or shields the assets of the LLC from a law suit filed against you personally.

If you would put your property in the name of your husband's LLC, it could put his contracting assets in jeopardy if a law suit is filed against his LLC because a rental tenant sued the property owner (the LLC). It would be more desirable to form a separate LLC for owning property.

You also need to be aware that many title insurance policies may be deemed to be terminated if the title is transferred to another "person" or entity (even if involving the same people). Check with your title company on this to make sure.

In Real Estate, there could be pitfalls if anything out of the ordinary is done, so make no assumptions, check with a reliable source. Laws differ by state to further confuse the issue. Good luck
in your pursuits.

cactusbob

On 2:26am, August 27th, 2008 freeindeed said:

LLC info.

Thank you for your answers to my question. I want to learn the foundation before I build my empire. (lol)

You are helping many people here and I am thankful to be one of them.