Ricardo Fornesa, Jr. REALTOR®/MBA - A GUIDE TO SELLING YOUR HOME AFTER DIVORCE

and my Master’s Degree in International Business Administration, I’ve been exerting my efforts frequently and powerfully to embed it to everything that I do. I always try to keep it fresh on everyone’s minds so potential investors can remember it and respond to it through my business articles every 1st and 15th of the month. By organizing 2 Master LLCs via Texas Series LLC, we want to create short-term wins via real estate investing in Texas first and later in Quezon Province in the Philippines. The Master LLC or Parent LLC will have several Sub- Series to own different real estate and must maintain a separate bank account for each sub-series. Any loans between series should be properly documented and all contracts, deeds, notes, etc. should be signed in the name of the series. Any transactions between series should be conducted in an arms'-length manner at fair market prices using appraisals. Each series must file a fictitious business name statement in each county where it owns property. Each series should have its own name and the filing should emphasize the ownership of that series and shall put every creditor on notice and must keep the assets and operations of each series separate from the other series. Each asset should be owned solely by one series which means that two or more series should not be co-owners of the same property. As the first MASTER LLC gains experience in real estate investing, and build a track record of success, potential investors will join to establish Sub-Series A and other Sub-Series depending on the number of investors to create another sub- series. The MASTER LLC’s founding members of the proposed NOBLE PURPOSE SERIES LLC must be comprised of 3 to 5 MEMBERS with minimum contribution of $20,000.00 and maximum contribution of $40,000.00 each to have a total capitalization of $100,000.00 before it files the Certificate of Formation with the Texas Secretary of State. The Sub-Series A and succeeding sub-series must be comprised of also 3 to 5 MEMBERS with minimum contribution of $10,000.00 and maximum contribution of $20,000.00 each to come up with

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