So far everything Joe McCall and Todd Toback have taught me has changed my life, but the private money / note creations is just another avenue.

They would become part of the LLC OA.Terms for Operating Agreement of 123 Main St, LLCBlack Label Properties, LLC will have 100% ownership of the project LLC at time of creation, with [JV Partner] having remaining 0%.

Hello BP, 
     Our biz is in CA, we have a duplex in MI that we need to transfer into an LLC. Any suggestions on which state to use..state your business is in, state your rental is in, or..? Thank you 

I'm not qualified to comment on the tax implications of an AZ vs NC LLC, but I can say that AZ LLCs are super easy to set up and only require a one time creation fee (no annual fees like some other states impose).

There are a lot of great options out there; aside from providing the basics (ie. listing tool to get the property published, scheduling tool to schedule viewings, tenant screening, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time). 

What you want to do is get licensed and then simply get a listing agreement from your motivated sellers so you can market the properties all over creation, including the MLS.

Investing in real estate provides: positive economic impact by creation of jobs, the ability to increase property values, support to local population growth, and revitalizes impoverished communities.

Hi @Shiloh Lundahl, That depends on the nature of the real estate business and the flexibility of the seller of the business in entity creation and holding. 

Sure, there's plenty of variation in this country but I'm positive I can safely stand by my statement that anyone who's broke and bleeding upwards of $30K a year on their home and transportation costs is just never going to be honestly able to attribute significant wealth creation to the elimination of their cup of tony coffee in the morning.

Most agents and investors have no clue what BP is out there.Denver and Colorado are a great place to invest for long term wealth creation.