All Forum Posts by: James Vermillion

Tyler, if I am understanding you correctly you will be utilizing money from a partner, which means you need to think about how to structure the partnership. I am not an attorney, but I would look into creating an LLC so that both you and the silent partner have ownership of the company. You will need to carefully setup an operating agreement which will explain in detail the structure of the company, roles of each member, profit / loss sharing agreement, etc. I would advice you discuss with an attorney once you have a more clear picture of the partnership and how it will operate.

I do not remember being able to @mention anyone on the site (although I might just have a bad memory). However, I believe anyone can @mention any of the site moderators.

Welcome to BP Susan!

Welcome to BP James. Please don't hesitate to ask if you are unable to find something you are looking for here on BiggerPockets...someone will point you in the right direction. Good luck!

Welcome to BP Scott! It sounds like you are getting things rolling! Don't forget to add a profile picture.

Welcome to BP Andrew..it is always nice to get the lender perspective on the forum conversations.

Are you looking to calculate the potential ROI to show investor buyers? If that is the case check out the Fix and Flip Calculator

@Wes Eaves, I also lived just over the bridge in Shreveport...we were probably neighbors!

Welcome to BP Alan, glad to have you! Congrats on your most recent deal.

Welcome to BP David. I agree with Brandon, choosing a major that you enjoy will make a huge difference. Al also makes a great point, many people underestimate the links between other industries and real estate...real estate is such a broad industry, with many options and niches to choose from. Good luck and let us know if you have trouble finding something here on BiggerPockets, someone will point you in the right direction.