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	<title>PropertyInvesting.com | ToddBrittingham | Activity</title>
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				<title>ToddBrittingham replied to the topic Property management and LLC setup in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4405258-property-management-and-llc-setup/#post-4659308</link>
				<pubDate>Tue, 29 Nov 2011 02:44:00 +0000</pubDate>

									<content:encoded><![CDATA[<p>Wow, those fees sound ridiculous.  We charge $300 to setup and LLC, bank account and EIN, and it&#8217;s $100 per year after that to act as your registered agent.  We work in Michigan, so I can&#8217;t speak directly for Atlanta, but I&#8217;m shocked at those prices to simply setup an LLC.</p>
<p>Now, I will say this, if they are setting up an operating agreement (which&hellip;<span class="activity-read-more" id="activity-read-more-28920"><a href="https://www.propertyinvesting.com/topic/4405258-property-management-and-llc-setup/#post-4659308" rel="nofollow">[Read more]</a></span></p>
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				<title>ToddBrittingham replied to the topic Detroit Properties generating 20% return? in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4404840-detroit-properties-generating-20-return/page/2/#post-4656636</link>
				<pubDate>Wed, 09 Nov 2011 18:00:53 +0000</pubDate>

									<content:encoded><![CDATA[<p>Jay, I very much appreciate you comments.  Like I said, this is something I have been contemplating for awhile now, and I&#039;m glad to see someone implementing such an approach.  The more I think about it, it just makes sense, and honestly it seems quite simple the way you have it setup.Again, thank you very much!Cheers!</p>
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				<title>ToddBrittingham replied to the topic Detroit Properties generating 20% return? in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4404840-detroit-properties-generating-20-return/page/2/#post-4656633</link>
				<pubDate>Wed, 09 Nov 2011 05:10:35 +0000</pubDate>

									<content:encoded><![CDATA[<p>This has been a very spirited discussion, and I understand both sides of the argument.  My company is very similar to Nathan&#8217;s and I understand the systems he has in place to ensure lower turnover, lower maintenance costs, etc.  I can go into a very long discussion on the systems we have in place for this, but I&#8217;d much rather talk about a more&hellip;<span class="activity-read-more" id="activity-read-more-162090"><a href="https://www.propertyinvesting.com/topic/4404840-detroit-properties-generating-20-return/page/2/#post-4656633" rel="nofollow">[Read more]</a></span></p>
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				<title>ToddBrittingham replied to the topic $$$ The U.S. Property Contact List $$$ in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4404834-the-u-s-property-contact-list/#post-4656578</link>
				<pubDate>Tue, 08 Nov 2011 20:43:00 +0000</pubDate>

									<content:encoded><![CDATA[<p>Property-Scout, this is a great idea.  To follow your lead, I can offer the following team members that I work with here in Michigan:</p>
<p>Building Inspector: Quality Home Inspection Inc. &#8211; John McAuliffe &#8211; <a href="mailto:qualityhome@mi.rr.com" rel="nofollow">qualityhome@mi.rr.com</a> &#8211; +1-248-471-9800<br />
Title Company &#8211; Seaver Title Company &#8211; Jason Seaver &#8211; <a href="mailto:jseaver@seavertitle.com" rel="nofollow">jseaver@seavertitle.com</a> -&hellip;<span class="activity-read-more" id="activity-read-more-223005"><a href="https://www.propertyinvesting.com/topic/4404834-the-u-s-property-contact-list/#post-4656578" rel="nofollow">[Read more]</a></span></p>
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				<title>ToddBrittingham replied to the topic Companies Marketing Detroit Property in the forum Hi David,
I'm currently</title>
				<link>https://www.propertyinvesting.com/topic/4405138-companies-marketing-detroit-property/#post-4658560</link>
				<pubDate>Tue, 08 Nov 2011 20:10:33 +0000</pubDate>

									<content:encoded><![CDATA[<p>Hi David,</p>
<p>I&#8217;m currently rehabbing and marketing properties in Detroit and Pontiac Michigan.  You can contact me by email below&#8230;</p>
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				<title>ToddBrittingham replied to the topic Negative gear in AUS or Positive gear in U.S. - " The U.S. Leap of Faith" in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4405124-negative-gear-in-aus-or-positive-gear-in-u-s-the-u-s-leap-of-faith/#post-4658464</link>
				<pubDate>Tue, 08 Nov 2011 19:39:22 +0000</pubDate>

									<content:encoded><![CDATA[<p>Great post Property Scout, but I have to disagree with you on Detroit.  What sent Detroit down the tubes 5 years ago is the exact reason Detroit will rebound so heavily in the future.</p>
<p>The auto industry in the US certainly hit a major setback in 2008 and there were massive job losses in Detroit.  This coupled with the foreclosure crisis caused&hellip;<span class="activity-read-more" id="activity-read-more-205426"><a href="https://www.propertyinvesting.com/topic/4405124-negative-gear-in-aus-or-positive-gear-in-u-s-the-u-s-leap-of-faith/#post-4658464" rel="nofollow">[Read more]</a></span></p>
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				<title>ToddBrittingham replied to the topic opening a US bank account in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4402147-opening-a-us-bank-account/page/2/#post-4637869</link>
				<pubDate>Tue, 08 Nov 2011 19:23:33 +0000</pubDate>

									<content:encoded><![CDATA[<p>Great discussion.  Opening a bank account is very easy if you come to the US.  If you&#8217;re not planning to come to the US it can still be done in three steps:</p>
<p>1. Open an LLC and obtain a registered agent.<br />
2. Obtain an Employer Identification Number (EIN) for your LLC<br />
3. Open the US bank account in the name of your LLC with your EIN.</p>
<p>I would&hellip;<span class="activity-read-more" id="activity-read-more-267864"><a href="https://www.propertyinvesting.com/topic/4402147-opening-a-us-bank-account/page/2/#post-4637869" rel="nofollow">[Read more]</a></span></p>
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				<title>ToddBrittingham replied to the topic  Detroit, Michigan .....I need help please  in the forum Overseas Deals</title>
				<link>https://www.propertyinvesting.com/topic/4404215-detroit-michigan-i-need-help-please/#post-4651753</link>
				<pubDate>Tue, 08 Nov 2011 19:01:49 +0000</pubDate>

									<content:encoded><![CDATA[<p>I think I can lend some help to this conversation as well.  Like Dan I also live in Michigan and I am investing Michigan for the same reason Dan stated&#8230;everything is on sale.  You need to know the right areas to be investing in because like every city there are certainly bad areas.  However, if you know what you&#8217;re doing now is a phenomenal time&hellip;<span class="activity-read-more" id="activity-read-more-40317"><a href="https://www.propertyinvesting.com/topic/4404215-detroit-michigan-i-need-help-please/#post-4651753" rel="nofollow">[Read more]</a></span></p>
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