Why advise a newbie to put something under contract that they have no ability or intent to close on? 

He keeps text messaging every few hours with different stuff since he was served today (I have ignored and will no longer respond) and now is trying to say he will fix the things himself and send us a bill. 

., on picking your best governance element choices available under NRS 86 for the entity formation documents - and - what kinds of advice have they seen such an entity needing as it operates throughout its lifetime / and what has their success rate been with REI clients and their entities during the operating phase of the biz.Good hunting for these start-up and operating Power Team members!

As far as an LLC goes, I don't see a problem buying in that entity or funding for that matter.Just do your homework: allowing for vacancies, management (Even if you manage yourself), and capex will give you a better idea of the property's ability to cashflowBest of luck to you

I am hoping to finish a masters degree before I take on a full-time job at a church as a youth pastor, so that could be several years from now--especially if I continue working full-time with LU.After reading several books about making money, I am pretty convinced that Real Estate is THE major on-ramp for building wealth--at least for people who aren't blessed with the athletic abilities of professional athletes, or people who inherit money/companies from their parents.

What I can tell you about lenders is that there usually are three main factors that will affect you ability to borrow money to buy a deal. 1- Your relationship with the lender.

Hello, my husband and I are interested in house hacking or ability to build a mother in law quarters.

I want to purchase a particular rental house but do not want, or lack the ability, to get traditional bank financing.

If I refuse to rent to people like Billy in the future, how do I legally document when I feel like someone doesn't have the ability to take care of a property?

Deanna McCormick I guess I really need to decide if the income potential of the property after it's development and the Ability to leverage it, off sets the stepped up tax liability