Hi Buzzer,
If you are an individual opening a bank account you will need a SSN (social security number) someone in this forum mention that could get one mentioning that its not for work purpose. Otherwise you need the ITIN which is the individual tax ident. number and you get it when you do your tax return. When you form an LLC you can organized a…[Read more]

Hi!
I was planning to open an account Citibank in Miami, but the property its going to be in SW Florida, where they don't have any branches. Apparently they have a policy that if the property or business its not within 50 miles from the branch you can not bank with them!! Never heard of this before!
Does anyone have a bank/contact to recommend in…[Read more]

Thank you, Jayhinrichs!

Hi Emma, One more question. If you don't have any rush in getting the funds back to OZ. Dont  you think its better to have your own account in the US and leaving it there instead of leaving it with the PM and getting them to transfer?I was also thinking ,specially the first year or so,  in case there is some periods of vacancy better to have at l…[Read more]

Thank you Emma for your detailed answers to my post! Cheers, CH

Thank you for your answer JHL Cheers! CH

Thank you for your answer JHL Cheers! CH

worldinvestor wrote:
Hi CHI can not comment with regards to Florida.However, I purchased in Atlanta primarily for cashflow among other things, where I was achieving 20% gross return on properties, unfortunately this has now changed.I like the warm climate, hopefully less maintenance.Atlanta has more than one industry. You may be interested in…[Read more]

streamlineinvesting wrote:
This was one of the biggest concerns we had with our agent in Florida when we got our first house. We had never met her, even though we had been dealing with her for over a year before we finally got to finalise on our first property. Towards the end there were plenty of questions between my business partner and I…[Read more]

Hi WI, Thanks for your comment. Regarding the listing. They do give you a user name and password for they web when you contact them and they give you full addresses for properties. They work with this company http://www.americanrealestateinvestments.com/ For instance they have the one in 3154 Chippewa Dr Rex, Georgia 30273 offered at  52000 wh…[Read more]

Hi there, I am planning to go to Atlanta to buy a property later this year. I am planning to buy it with the help of Key property Realty. They charge a start up fee for Georgia LLCs of $650. This includes all the forms, filing fees, acquiring EIN #, and form sent to member to apply & acquire ITIN #. and 150 to Set up new Business Bank Account for…[Read more]

ubrowndog wrote:
Hi Engelo, I'd be interested in catching up. I've just purchased a property in Atlanta and would like to know what others are doing to build their portfolio / methods implemented to secure properties.

Hi Ubrowndog.. I know its not the right post/topic but I am interested in buying in Atlanta and I would like to know which…[Read more]

Thanks you for your comment USA investor!

Thanks for that Alex! Can I ask you how many properties is Ritan managing for you and how they been so far? How long have you been dealing with them?Thank you!