I am not a CPA, but it also opens up a litany of tax advantages because you can now drive certain of your activities through the LLC as expenses-- mileage and gas, networking lunch/dinner/happy hour, repair costs, the list goes on.

I plan to actively participate on the forums and cannot wait to speak with many of you.

If you are doing the work yourself then be ready every time a guest cant get in, propane has to be refilled, extra sheets were needed and cant be found, they had a dog that you didn't know about and there is hair everywhere and you have a guest checking in, they smoked weed or cigarettes in the home and you cant get the smell out, the sewer backs up, the dishwasher breaks................ good times friends!!

There is an active appraisal on the property for $440k that I have seen.

Philadelphia is currently seeing a lot of construction activity, development activity, and I would love to assist anyone in the process.

Will your activity be covered by your E&O insurance?

I found out about BP through a Mad Fientist podcast where @Joshua Dorkin was a guest.

Try to get on a team who is actively buying and managing properties and help out. 

They are both pretty active around here, so they shouldn't be hard to track down.

I’m a 20 yr old living in Detroit,Mi, a beginner wholesalers whose actively marketing to find a deal.