That equates to less than a 4-month supply.

The house is the least most important part of the equation.

There is nothing like doing a deal to take the anxiety out of the equation.

At $200 per door that equates to just over 400 properties.Thanks for the great discussion everyone, I've enjoyed reading everyone's thoughts and plans.Cheers,JB

Here's what I wrote here last June:Originally posted by @David Krulac:@Bryan WellerI don't like LLC, INC names that mimic the owner's name, like:Bryan Weller LLCWeller Real Estate LLCI think that the company name should be completely different from your own name, even Bryan and Bob LLC is something I don't like.From the IRS prospective there is always the question of dealer or investor, which often equates to being Federally taxed at long term Capital Gains rates or ordinary income at double the taxes. so your name should not state or imply that you are a dealer like:Day Trading Real Estate LLCBryan's Buying & Selling Real Estate LLCBryan's Flipping Homes LLC.Another thing that happens is that the nature of your business might change and now the specific name you pick does not apply likeRehabbing Chicago LLCThen you stop rehabbing or stop working in Chicago, once you move to Milwaukee or even Skokie and only do rentals the name Rehabbing Chicago doesn't make sense any more and will confuse people.I'm not as bothered by this one but have seen people that have names that don't quite fit or don't fit yet like:Worldwide Real Estate LLCGlobal Real Estate LLCTranscontinental Real Estate LLCActually met a couple of people with names like those who didn't own any real estate.

Jamie did math equations.

It doesn't equate to any per hour figure.

If he can cash flow even or slightly positive, would that change the equation?

@Corey Davis OK, that is a much different equation than most JV deals.

If you represent ongoing business then say paying 5,000 more on a property equates to another 150 bucks on commission before a broker split so I do not seeing them risk the relationship for that.