I can't begin to tell you how grateful I am if I can get just a few startup questions answered...ENTITIESReal Estate BrokerageREI Tech Company.comProperty Mgmt CoConstruction CoFinancing CoREI Tech Co Apps/Software (IP Involved)REI Marketing & AcquisitionsREI Fix & Flip Co (Same Co as M&A)REI Buy & Hold CoREI Joint Ventures (Flips & Holds)Q: It's been advised that we separate each division beneath one Parent Company 'PCo'.Our DilemmaThe REI Tech Co would be a platform to make offers, auction, and buy Real Estate similar to RealtyBid.com, Auction.com, and Hubzu.com only targeted toward a completely different niche.We intended to charge a Buyer/Seller premium which would be based on a % of the total offer/listing/bid (TBD) in addition to fees for premium services (featuring property, BPO, web based tools, privileges, etc).No doubt the % would be viewed as a consideration for a Real Estate Transaction so the Tech co would need to be licensed.The buyer would have the option to use our Construction Co 'CCo' for rehabs/maintenance and Property Mgmt 'PM'.

@BradGlenn I see you're in York Co as well.

Closing day came and went w/o any Deed and my mortgage Co. would not close.

Do you know if the title searches actually cost the title co any money?

Oh and this is in Colorado if that makes any difference.Thanks!

Colorado's lax legalization has led to a big bump in prices lately, due to the sudden jump in demand (and stores in Colorado had to have something to sell day 1 of legalization), but when local supply there catches up, prices will fall again.

Metropolis in Colorado?

CO (If required in your town) and permits, that is basically the town's way of saying that the property isn't condemned and won't be as long as you make the property habitable and bring it up to code.

This is akin to a lot of the self-storage opportunities.If you are interested in this type of properties, you may want to connect with Ray Alcorn in Roanoke area, this is one of their specialties.BTW, I co-host a monthly meeting for DMV real estate investors and we are meeting this Tuesday evening on tax strategies this month.  

I always wanted to go back to Colorado, but IL/MO is growing on me!