With forecasts of the US being 5mil homes down for the next 10 years, is this a niche that should be explored to the up and coming generation or should large investor’s swoop in and pick these homes up in Reos or reverse mortgages?

@Marcus Auerbach, I think you are right in that us being newbies and not having experience behind us, we have gotten into a bit of deal "analysis paralysis".

You're consuming a lot of width which means perimeter space us being used for bathrooms and stairs which can be placed on the interior.

Hi, everyone does anyone know what's the best way to get a home inspector on your team as part of your business I just started a real estate investment group a year ago and I'm trying to build my team and part of us being straight Foward and honest with sellers and buyers is to have estimates and inspection done so my deals stand out making my offer firm to buyers and sellers at the point of price I would like to know if anyone has a idea of how I can maybe set up a contract with a home inspector so that I'm able to pay after the deal goes through the reason being is that if I have an inspection done on a sellers property it's gonna cost I believe 500$ in my area so that the seller knows exactly why I have made my offer for whatever amount and have my inspections back up my offer but if the offer is not excepted I don't want to be throwing money away does anyone have any ideas

My attorney, however, is telling me that naming the parent as the sole member diminishes the asset protection argument of a series since we want to do as much as we can to distiniguish the two entities, not tie them together.Could someone advise on how things are normally set up in this case:1 - Do we need 2 EIN's with us being listed as members of the parent only and the parent being listed as the sole member of the cell?

Also, I am currently living in the UK and was wondering where it would be best to make an investment i.e. should I invest in the UK or would the US be a much safer market offering high returns?

Just the condo conversion alone will result in us being able to sell the condos for $24-$28M (our purchase price was $10.3M and renovation is about $4M).So although we did pay a good price for it (we paid 6% cap), the right deals in A areas can:1) cashflow; and2) produce a great return on investment

Don't know much about Florida, but welcome back to real estate Mic and best of luck!

I also scan everything and put then into a folder on my laptop and back the folder up to a USB which I store offsite.

I will definately disclose us being married in each deal.