Sorry, my mom is a Shakespeare buff and she would be proud :lol: So I was just about to go to the County Courthouse to file for an Assumed Name(DBA) but now I'm considering starting an LLC for multiple reasons and I'm curious as to what your opinions are.A little about me:I have not yet done a dealI have been studying for some time and I'm ready to get startedI have every intention of doing this full-time but I will not quit my day job until it's a realistic possibility(1-3 years)My only assets are my house which is homesteaded and a car with 100,000 miles and serious hail damage so I'm not concerned with asset protection at this pointI am interested in wholesaling/rehabbing(rentals in the near future)I have $10K-$20K startup capital I will be using Hard Money for my first several rehabsI have excellent credit (771)I am now thinking about starting an LLC in Texas(one-time $300 filing fee)for my rehabs because I want to build up business credit and season my company so I figure I might as well start now.Once I acquire rentals I will definitely setup an LLC but that is not an issue yet.Given the information, should I form an LLC or just do my first few deals as a sole proprietor and then get my LLC?

If so, what is the most effective way, in your opinion, of dealing with these guys/gals?

Of all the different media available for broadcasting your marketing message to your target audience, one of the most effective places to get in front of prospects under certain circumstances is in their own homes.

Providing referrals to those around you is a free and highly effective way of generating good will towards yourself and establishing a favorable reputation.

The reason is that person to person marketing will always be an effective but cheap method of winning sales for businesses in all stages of development.Getting close and personal with a prospect allows you to have the maximum number of channels of influence available to you to persuade the prospect to complete the sale.

The Government is going to make an offer to purchase all the properties in order to sort of stabalize the effect of foreclosures on the Banks.Has anyone heard something similar?

I was also wondering if the presence of effective public transportation 2 minutes away will influence the price upwards more, with gas prices as they are (we pay close to 6$ a gallon here) and looking like they will keep on going up.

It is an absolute certainty that all 22 of those rentals will have leaks, bad roofs, damage done by the tenants, etc.

Late or missed payments can create negative effects on your credit profile as do long-term balances on your account.

If at any time during the term of this lease Lessee abandons the demised premises or any part thereof, Lessor may, at his or her option, enter the demised premises by any means without being liable for any prosecution therefor, and without becoming liable to Lessee for damages or for any payment of any kind whatever, and may, at his or her discretion, as agent for Lessee, re-let the demised premises, or any part thereof, for the whole or any part of the then unexpired term, and may receive and collect all rent payable by virtue of such re-letting, and, at Lessor’s option, hold Lessee liable for any difference between the rent that would have been payable under this lease during the balance of the unexpired term, if this lease had continued in force, and the net rent for such period realized by Lessor by means of such re-letting.