All Forum Posts by: Raymond Williams

Russell, if you have an Maryland state RE license then you can offer your professional services to provide a possible solution to their pre-foreclosure situation.  As they say in the ln the business, first address their pre-foreclosure problem wearing the RE agent "hat." Then as the RE Agent/Investor, you can offer to buy their house, after you fully disclosed about being both a licensed RE agent and investor.  Also, if only being an investor, you learn the pre-foreclosure victim has not first talked with an RE agent then the investor must stop his negotiation with that person. At this point, recommend to that person to talk first with an RE agent of his choice about selling their home as a solution to their pre-foreclosure situation.    

Thanks Charlie for the insight on Pre-Foreclosures.  I've been thinking hard on getting a Maryland Real Estate license.  Part of the reason is to go after pre-foreclosure prospects.  I will put that off based on your insights on pre-foreclosures.  Clearly, are could be major problems!!!!! Thus, foreclosures are the better prospect. I will not need a license for to go after foreclosures.

I have a question about forming an out-of-state LLC. I live in Maryland, however, want to form a Nevada or Wyoming LLC. What will be my tax obligation to the State of Maryland other than filing personal income taxes every year? What if any documentation do I need to file with the State of Maryland regarding my out-of-state LLC? Can anyone answer these two questions?

Don't think I will pay the $299 per month for it, anyway not right now.  I think I found something similar for less than $299 and I don't mean monthly.  However, it doesn't provide the ease of use as Flipcom.  I'm just getting started so I'll spend the extra time uploading photos into my analysis and lender presentations. 

If you haven't seen how it works then perhaps you should look at a few YouTube demos on the software:  Then you may understand.  What I'm not interested in is the $299 per month price.

So it was an introductory price trail period offer at $45.00 per month.   I learned on YouTube that they were offering it free to at least one broker per market area.   Then the brokers where to make sales.  Flipcomp is great in that most of process is automatic, i.e. pricing, comps, etc. However, for investor newbies just starting out the price is not feastible until you get paid on a couple of deals.  I found one other product on YouTube that's similar to Flimcomp but not as good.  I'll have to search for it again using the YouTube search window.  Try searching for "property evaluation software," "investor software" or similar search words.

Who's selling Flipcomp at a discount price. Flipcomp is brand new to te marketplace. It's an analysis software. I've seen demos on YouTube. The regular price for a subscription service $299.00 per month. For beginners that's not a feasible price. However, I found out that Than Merrill offered it to his students for $45.00 per month. I couldn't get in on that deal! Does anyone know where to buy this software at a discount price?

Who's selling Flipcomp at a discount price. Flipcomp is brand new to te marketplace. It's an analysis software. I've seen demos on YouTube. The regular price for a subscription service $299.00 per month. For beginners that's not a feasible price. However, I found out that Than Merrill offered it to his students for $45.00 per month. I couldn't get in on that deal! Does anyone know where to buy this software at a discount price?

Who's selling Flipcomp at a discount price.  Flipcomp is brand new to te marketplace.  It's an analysis software.  I've seen demos on YouTube.  The regular price for a subscription service $299.00 per month.  For beginners that's not a feasible price.  However, I found out that Than Merrill offered it to his students for $45.00 per month.  I couldn't get in on that deal!  Does anyone know where to buy this software at a discount price?

Are there purchase agreement forms available with eSign or Document features? Where can I find them?