![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1187958/small_1621510015-avatar-rudyc24.jpg?twic=v1/output=image&v=2)
20 October 2018 | 1 reply
Seems simple enough to do online these days, but having an attorney help you on the first one makes a lot of sense.
20 October 2018 | 16 replies
This stuff is probably simple once you’ve done it a couple times, but asking questions really helps shortcut the research into what is normal!
22 October 2018 | 2 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1178991/small_1621509919-avatar-troyl45.jpg?twic=v1/output=image&v=2)
31 October 2018 | 6 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/140696/small_1621419012-avatar-alanjchambers.jpg?twic=v1/output=image&v=2)
22 October 2018 | 15 replies
Step one is to put a business plan and operating agreement/memorandum of understanding together.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/964016/small_1621506401-avatar-erikb56.jpg?twic=v1/output=image&v=2)
21 October 2018 | 3 replies
I have a new flip coming up and for the sake of keeping things simple, keeping costs down and better interior aesthetics I'd like to go with a central air and heat system INSTEAD of a hydronic baseboard system and a central air unit.The question I have is, do buyers care about forced air heat?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/730449/small_1621496268-avatar-patj5.jpg?twic=v1/output=image&v=2)
21 October 2018 | 2 replies
take a glance a @J Scott 's take on it http://www.123flip.com/new-construction-costs/ it has a simple break down of the most common expenses.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1188750/small_1621510023-avatar-betseyt2.jpg?twic=v1/output=image&v=2)
22 October 2018 | 12 replies
I was not operating on all four burners!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/590103/small_1621493283-avatar-mbailey.jpg?twic=v1/output=image&v=2)
16 September 2018 | 1 reply
If you're not familiar it basically recommends that you have a bunch of bank accounts (income, profit, owner's pay, taxes, and operating expenses) and when money comes in you distribute it among your bank accounts in some predetermined percentages (profit first of course!)
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1128036/small_1695219928-avatar-tulan.jpg?twic=v1/output=image&v=2)
12 September 2018 | 8 replies
No, you will specify all of that in the operating agreement.