Originally posted by @Lee Ripma:Does anyone have any recent experience with hard money requiring the use of LLC?

@Lee BellIt’s Chicago.

@Michael Lee, you missed the fact that its flowing positive cash flow of $28/mo with only 3 of the 4 units rented.

Quote from @David Lee Hall, III: As alluded to, when getting discounts deep enough to wholesaler you either need some with enough motivation they do not care, or have very good rapport with them.I have listened to many a podcast that states small personal companies do best at this.

@Lee BellInteresting idea. 

@Antonio Jucoski @Ursula Britt  @Gerald Harris @David Lee

Originally posted by @Lee Bell:Wear a shirt that says video recording for your protection.Then they will be informed.

I know Lee Arnold is using them and I believe you must have the service to get an investor loan through his company (don't quote me on that).

A local syndicator's (Monte Lee Wen...mentioned on other threads recently) Acquisitions Director introduced me to The Reznick Group in Austin.

Jack Lee - I'm not sure of too many other ways to go about purchasing investment property as an absentee landlord without using a PM, BUT I know there are investors on here who are successful investing out of area and still managing the properties themselves.I disagree with Dale Osborn and I am sure he is extremely successful as an investor staying close and managing himself, but good discipline and proper due diligence, there are many investors who do very well using PM's to manage their business.I cannot emphasize enough how you cannot simply be passive about your investments because you contract with a PM or invest out of area.