Having had svevral LLCs and acting extensively in various corporate structures, "we" determined that a significant issue would be authorizations to negotiate and execute any contract, purchase more than $1,000.00 in materials, open any bank account and specify those authorized to conduct banking business, or order any service that will cost more than a reasonable cut-off amount, mine was usually $250.00.A special meeting is called as provided for in the Operating Agreement and you simply state in the Book of the Minutes the date and time for the meeting, purpose for the meeting, and that unanimous consent ( a one person LLC)was given by Member(s) to conduct such business.

I have to upload my pics, but I can almost guarentee that the bath of this rehab I bought would win the show BAD BAD BATHS....Pic await!

Most county assessors simply aren't going to know that I have rehabbed a house until the next time they come tour the neighborhood.

But they might not ever get there simply because for some reason they such small thinkers.

I'll need new electric service, furnace & hot water heater . . . so, all and all, there is no MAJOR renovating, simply getting these 2 units operational. . .If you know of any good, reliable, and reputable contractors in the area, please PM me, or send me their details.

When it comes to the investor psychology...ya gotta be in it to win it!

i'm thinking about doing this with some properties after rehabbing and refinancing. i want to flip, but also want to avoid the taxes of a dealer.it could be done in such a way as to be win/win for both parties.any ideas or suggestions?

If you and others around you question what you do and thing, and you veer away from making decisions you are simply stopping yourself from reaching your fullest potential as an investor.You are allowing this self-doubt and doubt from others to squeeze out your creative energy and inspiration that will make you a success.So what is stopping you from making that important decision in selecting a real estate education?

I am not afraid of work and will work for both of us to create a win...win result.

I have even considered actually having some sort of clause in there that if there's a loss (which is very unlikely if you negotiate well), I would split that with the investor simply because I'm not out to rip anybody off and I plan on being around for a while so I wouldn't want to alienate anyone.