There are both legal and tax reasons to have an operating agreement.I suggest the books by Nolo Press.

If the numbers work, then step up and take it down.In this market, things are so competitive that I think you'll be hard pressed to put in super low bids.

:-)One thing to keep in mind on properties like this -- if you're planning to sell for less than $50K, retail buyers are going to be very hard-pressed to find a lender who will lend (most conventional lenders won't lend under $50K).So, you're either going to have to:1.

I accidentally clicked Leave Conversation from an email where I was really trying to read the pm response I received.

I'm an accidental investor, wasn't in my plans but it happened and I'm running with it.

But what DID work, was I accidentally clicked it and it opened up a new tab in the web bar..

After I accidentally slept through the appointment to see the house, I called my realtor and found out he was interested in the property and asked if I was interested in partnering.

If you haven't seen, we are getting a lot of national press and this is bringing the "gurus" to town and creating a mess in the industry for us as we now have tons of wannabees running around trying to be investors.

I imagine a campaign in golf mags, big city newspapers, press releases etc..I have seen it done in Cali, Santa Barbara specifically and always coincided during slow RE markets.

I would love some advice from the great forum of BP.Background :( accidental first flip)My Wife and I purchased our primary residence (SFH 3bd, 2 bth) Feb 2012.