When you are pricing out your offers make sure to price in how much you are charging for assignment of contract.

If said guru also has a relationship with an LLC creation company that over-charges by thousands of dollars, then it’s obvious why they tell you that you need one!   

When I pointed that out, they suggested I instead setup my credit card as a vendor, and enter each charge as a bill, which would then fix the assets and liabilities issue.  

BUT The points they charge and interest are both way higher than normal, on some deals I ran numbers the points and interest were going to be 20k on properties where the ARV is 100k so you have to get properties at such a low price to make it work that it is so hard.

For all you know it a violent situation and she could get a judge’s order and you pry couldn’t/shouldn’t charge then. 

The quicker you can take action on the high dollar value decsions the quicker you will be able to grow.For sure take the time to setup the right foundation, but keeping it simple and easy when you are getting going is a safe bet!

Brokers acting as paper pushers and contract writers will obviously charge alot less than a broker taking on all responsibilities including marketing. 

I got this notice in the mail where the HOA is charging $5457 in dues for the year...a 500% difference from your pro forma. 

Owners were charged an assessment (several thousand dollars) in 2023 to put into reserves, as per the new rules after the Surfside collapse.

Best bet would be a “partnership” with a monied individual looking for a high risk/high return passive investment with you providing the “active” part.