If you ultimately decide to proceed with an LLC or any entity for that matter (particularly an entity that is a deed holder), the name you select can have unintended consequences: The entity name matters for bank paperwork, claims that are brought, lien filings, deed recordings etc.

There are a lot of proposed legislative changes coming up state wide and also municipality based.

Insurance was way more expensive this time—which I've heard is a nation-wide phenomenon—and it's the first time since the NAR settlement that we've purchased, so we had to cover part of our agent's compensation.

I do understand being selective on the type of buisness you take, but as an agent we still have a fiduciary duty to our clients to make sure they receive the level of service this price requires. 

Opinions vary widely on this subject, but consider getting a real estate license.

At the ends of the buildings as I posted above, count the ribs which are in 1 foot increments.  30 rib wide building is a 30 footer. 

If they are only helping secure the loan without contributing funds, compensation structures vary widely based on your agreement.

I flip with cash, not loans, mainly because there are not enough deals out there that meet my highly selective acquisition criteria, so no need to pay interest on cash otherwise sitting in a money market account. 

Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.

With the city contemplating expanding the ADU ability to city wide, is there any benefit to doing a rezoning now (assuming successful) before the citywide expansion takes place?