To update the group, I wanted to mention that I have recently identified someone with whom I'm hoping to form a mentoring relationship.

It also costs $197/year or $29/month and is cloud-based, which I'm not really sure how I feel about.I will deal with CRM software later, if I need to; right now, I'm just interested in analyzing deals, tracking bids and construction costs, and coming up with professional-looking pro formas and packages to present to lenders.

Three months after gradation I was laid off form a job that I had accepted 9 moths prior to graduating.

., once you form a relationship with them.

Getting ready to form an LLC...Has anyone used this or any other on-line service to form a corporation?

The pro forma is the turnkeys show you  are a complete joke and are so dishonest and when you put real numbers in and account for all the real expenses you end up making nothing  Also they are selling you a property for way above market value and you will never get that money back it's an automatic loss any property they try to sell you look at the houses in the neighborhood I guarantee you they are tens of thousands of dollars cheaper  They are just a business they are selling you the dream of real estate but really they are the ones making all the money by flipping properties and selling them at a huge profit margin to naive new investors   The companys that show decent numbers  are in crappy neighborhoods and are mostly section 8.  

I haven't visited the building yet, but I have basic info for initial analysis: - (8) 2 bd rm units- Purchase Price - $115,000- Potential Gross Rent - $4000 (Units renting at $500)- Old building, but supposedly new elec, plumbing, and windows- I built out a Pro Forma for the property, which brought me to 60% expenses and a Cap Rate of 11.8%A couple questions:1.

I'm about to purchase my first investment to flip. Should I purchase it under the LLC or not?

Afternoon everyone,I'm trying to get an idea of what closing costs look like in Tennessee to form a basis of what lenders are coming across too high.Any help is appreciated.Best regard,James

more like waaay too many calls for me to handle on my own so I had to form a team of Investor Votrons to work it (again this is a biased pov bc online and digital stuff is what I do as a day job lol)