You want to enjoy the house buying business...treat others exactly how you would want to be treated.

I can't help but feel like I got treated unfairly.

I am wondering about the tax consequences, since it's considered an investment property, will it be treated as a loss?

You have to continue to operate the same way you always have just taking more time to make sure you do treat everyone you do business with better than an out of state large fund would.

I have a few properties in OKC and the rental market there has treated me VERY well!

If you are flipping more than one property a year, you need to treat the points like a interest rate to determine which loan is cheaper.

Hope the long distance endeavor ends up treating you well, and someone buys it as a new christmas gift for themselves

The real shame in this is that real people actually treat shows like these as real education and then go do it themselves.

You need to find the right people, watch the bottom line, and make sure the clients are treated very well.

We worked with our lawyer to put all of these together the first time and since then I have established several other LLC's and although it was somewhat costly up front, I would highly recommend you pay the lawyer to help you get going if this is your first LLC, but also pay close attention to what/how he is doing it so that you can also treat it as education