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7 August 2019 | 5 replies
How will you convince them to put it under contract with you unless you present yourself as a legitimate buyer/operator?
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19 March 2021 | 5 replies
I use Macs exclusively, and nearly all of the big name tax softwares that I'm finding (TurboTax, H&R Block, etc) only have a windows version for business.Not looking to run a virtual PC on my mac or anything, just something that people recommend that would run natively on my Mac.
7 January 2019 | 2 replies
We had an attorney draw up an overly complicated (we didn't know what we were getting into at the time) operating agreement for our LLC.
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9 January 2019 | 4 replies
Hi Eric,To avoid the issues with financing while operating through an LLC I will proceed in this way: establish financing and purchase the property in your own name, then transfer the property into a Land Trust (this does not trigger the Due on Sale clause,) and then make the LLC the beneficiary of that Land Trust.
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7 January 2019 | 3 replies
It's a virtual certainty I'll purchase rental property in El Paso TX in the next 90 days.
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7 January 2019 | 4 replies
I am aware of wholesalers that try to make the deal into a "win-win" for both themselves and the seller, and in speaking with them I think this can actually be a potential competitive advantage.I'm relatively new to BP and still 'researching' how the majority of wholesalers operate, but it seems to me that real estate purchase option agreements are a more elegant way to conduct this type of business.I'm in the process of trying to put together a blog that, hopefully, will allow me to demonstrate this.
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22 January 2019 | 17 replies
We have a draft operating agreement, but need to meet with our attorney to finalize and set up business entity structure.
9 January 2019 | 25 replies
Certified being the operative word because they are held to a higher standard, whereas “financial advisor” can be a synonym for investment product salesperson.
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7 January 2019 | 3 replies
.,) (4) separate your assets from your operations [operations contain the most liability,] (5) introduce layers of anonymity to hide your assets from prying eyes.I approach these issues from the mindset of being an investor myself, so it all has to come together in a way that is profitable.
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8 January 2019 | 12 replies
We are in talks with a few larger local operators on some multi family portfolios.