Jim,:welcome: to BP.As a returning member I would expect you can step back into your prior personality.Maybe you want to add s short version to your signature so people will be reminded of the old name.

That will create practice and it will be RE focused.Also consider ways to find deals that is not focused on your communication skills.

It comes from a reply I wrote to a new member. I

I have 2 realtors that are keeping an eye out for "flip" properties for me.I however don't have a title company (there is a local one that I used when I purchased my commercial building for my business), I'm not set up as an LLC, inc, or anything else for that matter.I'm a prepaid legal member, I don't know if that counts as having a lawyer or not.So I'm really hoping that some of you might be willing to help me out with what the next step(s) is.Thank you so much for your time.

This place looks like a great spot to pick up some REI knowledge and I'm glad to be a member. I

It will be re-assigned to another broker/agent on their list.Listing residential REO ship sailed long ago.Many of my broker friends have stopped listing for banks and work on the buy side more as they pick up a bonus.On the REO side you get hit with BS certifications from asset companies wanting hundreds of dollars a year to be a MEMBER and POSSIBLY land a listing.When you do it's a POC (piece of crap) and you have to outlay a money with rekey and trashout,cash for keys etc. in some cases and wait for the money to be paid back to you.If you have a buyer for the property try to deal with FNMA.If you are just after a listing you need to go with a big reo brokerage already established and be a buyers broker.As local and regional banks have told me they get calls almost everyday from agents wanting to list their REO's.I am more valuable as I focus on the commercial side so they don't get as many of those specialized types.If you are the broker you can go to the local banks and offer to do it cheaper for volume and land business that way.Thanks

These are drive by appraisals.As properties sell the data will be re-evaluated and properties that are outside of the expected range will have their appraisal updated.Some wonder how you can check every property even if just from the street.

Hi invester_guy, Glad to have you as a new member. I

Long time reader of Biggerpockets and now a new member. I

So in a proposal to me they state the profits can be re-invested (or used to repay the investors, or to reinvest somewhere else at the GM's whim, is it reasonable to assume I could even pay more tax than my initial investment?