Generally speaking, if my Seller is willing to reduce the price so substantially, they are smart to reduce it to the public at large to create a bidding war.

A llc, unless you have substantial net worth is an unnecessary and complicating expense.

If true, this has substantial impact on how we work with our IRAs and something to consider when nudging your private equity sources into moving to Self Directed IRAs to invest with you.

You can send the appraiser "additional data", just not try to "influence" his/her decision.

@Darren Sager covered all the major points.The only exception to the rule is if you will be doing substantial renovation to the unit and then and only then can you take the increase higher than the unconscionable increase.

Luckily, I thought ahead and got pricing for both phase two field work and geo-tech field work separate, then called back and was able to lower the cost of the Geo work by requesting the drilling rig do all the boring (environmental and geo) on the same trip, thus lowering my bill substantially.

Hello everyone,I am just starting in Real Estate and unfortunately found the Guru's before biggerpockets so I ultimately, or at least as far as I understand (It's what my Guru's tell me), will have to start with Wholesales to build the capital to do flips since I do not have any substantial money to start with (but I do have a substantial amount of debt, if that counts for anything, haha).

The retainer fee is substantial but well worth it.

One things that's different from you situation is that I set my SDIRA into an LLC in order to have check book control, as well as to reduce my fees for my custodian which can be substantial if you hold loans in the SDIRA.I'll keep a look out for your next deal.

Obviously you need to have some sort of written agreement with you partner, or contract for services, to substantiate the arrangement.