However, more important than a organizational system is your contacts.For now your only goal should be to pick an investment strategy (wholesale/cash flow/owner finance/flip) and carry it out with one house.

My current situation:  I have an LLC formed, a custodial account with the IRA provider, no bank account to place the funds in yet, and the lawyer is wanting to know how to write the organizational documents for the LLC.  

I'm surprised that as a MI client, you don't understand their organizational structure and are not aware that they were intertwined with Ocean Pointe.

As long as the person getting into the business realizes the commitment, hard work, risks, capital needed, organizational and operational skills necessary, and time component, and realizes that they are starting a business and not investing in real property, then they have the same chance for success as any other business startup.

Both of them charge significant organizational expenses (2 to 3%) which is extremely high.

Additionally, if you want to be successful and gain a good understanding of sales/interpersonal skills/negotiations, business law, organizational theory, basic business practices (accounting, finance, being able to read and understand a P&L and Balance sheet, etc. college will give you a big leg up to not be in the 95% that fail in real estate.

Not so much the flipping part but the organizational aspect of the LLC.

Hey Everyone,Does anyone out there use DayLite organizational software to manage tehir REI business?

Rehab cost book, begun trend analysis on my area (Tampa) to decide hot markets, found the different ways to source leads, and watched dozens of hours on youtube on the different steps in the flipping process, and begun voice recording all the questions i still dont have answers to, in addition to multiple questions on BP.Need to figure out: My organizational process for leads, offers, all the paperwork involved, getting more comfortable knowing what I should offer when looking online, securing my financing (I have good credit/assets so I'm less worried), how to approach different types of leads (REO/FSBO/Wholesale, etc.), finding/vetting contractors, and really just being confident that I'm not about to make an offer way out of the profit zone.I've been in the Army for a minute, so I have no problem managing projects and dealing with people.

Spotless and tidy organizational skills?