All Forum Posts by: Tyler Bell

@Brian Garlington It was probably a scammer not zillow happens all the time cant see zillow going out if way to just mess with a listing.

Thank you David! 

Hello, 

I live in IL, I am a first time investor looking to start by Flipping a few homes to build capitol and to build a better relationship with my agent then from  there in corporate the brrrr strategy.

I would like to know the tax rates, Federally and State, What percentage should I be using to put money away for taxes? 

Which is the best way to start, Personally or with an LLC?

I will be contacting an attorney just would like some insight before going that route. 

Any other insight you can give on legality before i get involved in my first flip would be great! 

Thank you greatly 

-Tyler

@Fredrick Lewis www.freeillinoisforeclosures.com

@John Lanser Smartmove is another one and they offer the background checks as well.

Correct!! Didnt catch that u were doing the brrrr method!! Good luck to you.. thats my plan once i build more capitol. 

@Tashina Taylor ensure you are cash flowing on it.... sounds like the numbers will come really close with this being your only income i would start with fix/flips to keep your capitol coming back in... wat happens if the fridge goes ouT Right after refi and u have no money to replace?

Put in your contact something about signing lease during covid And if they are fraudulent on payment they can be evicted.. go thru attorney there is ways around these Things if your signing a new lease. ( im new but I feel like if its in the contract and they sign the lease/contract knowing that it’s in the contract then you should have no problems I would feel like