I'm a state director with C.A.R., I help write the damn contracts that 99% of California agents use, and I still don't know it all.Don't let inexperience put you in a position where you're exposed to huge amounts of financial and contractual risk just to try and save a few bucks, that's a rookie move and you're way smarter than that.

Direct or private sellers is the best source of 'GOOD' deals.All the other mediums prices are going way up, plus competition, but with that being said, it is less time consuming to buy from a bank,auction, agency etc. 

You also need to have the existing members vote (or consent) to admit the new member to the LLC and have the new member adopt the Company Agreement.You will need to file an annual franchise tax report for your LLC, which requires you to disclose names of directors, officers and managers.You should consult a local attorney, or at least call the Secretary of State's Office and ask some questions.Also, look at these links:http://www.sos.state.tx.us/corp/formationfaqs.shtmlhttp://www.window.state.tx.us/taxinfo/taxforms/05-forms.htmlhttp://www.statutes.legis.state.tx.us/Docs/BO/htm/BO.101.htmhttp://www.sos.state.tx.us/corp/forms/205_boc.pdf

The 2016 Real Estate Investment Market Index is now live on the BiggerPockets Blog.Written by our Director of Operations (and spreadsheet lover) @Scott Trench, this study analyzes the top 50 Metropolitan Statistical Areas to determine those that were most likely to produce outsized returns for residential real estate investors.Looking for a new market?

Buyer and Seller (individually, the “Indemnifying Party”) each individually indemnifies, holds harmless, and releases Broker and Broker’s officers, directors, agents and employees from all liability for loss or damage, including all costs and expenses, and reasonable attorney’s fees at all levels, suffered or incurred by Broker and Broker’s officers, directors, agents and employees in connection with or arising from claims, demands or causes of action instituted by Buyer or Seller based on: (i) inaccuracy ofinformation provided by the Indemnifying Party or from public records; (ii) Indemnifying Party’s misstatement(s) or failure to perform contractual obligations; (iii) Broker’s performance, at Indemnifying Party’s request, of any task beyond the scope of services regulated by Chapter 475, F.S., as amended, including Broker’s referral, recommendation or retention of any vendor for, or on behalf of Indemnifying Party; (iv) products or services provided by any such vendor for, or on behalf of, Indemnifying Party; and (v) expenses incurred by any such vendor.  

Disclosure - I am Director of PR for Do Hard Moneythank you @Tarik F. !

So I am actively sending out my yellow letter director mail campaign to my local zip code, for the purpose of wholesaling but I'd also consider buy and hold AND buy and flip for the right deals.

Check out this article CNBC posted today quoting our Director of Operations, Scott Trench and CEO Josh Dorkin about House Hacking. 

I will follow up on the emails telling them I am looking forward to a follow up discussion, but I feel really eager to just go into a firm, talk to a director or VP, offer them the listings, and ask to join the team. 

There can be no direct or indirect benefit between you and the IRA in either direction.