It seems to me if you are trying to enter this business for the long haul you cannot rely on auctions and REO properties.

Originally posted by J Scott:You must be selling high-end stuff...none of my entry-level buyers expect a DONG at our price points.I kind of expected that someone would go there...and...I knew it would have to be someone who could pull it off...enter J Scott!

Do you have the right by the lease to enter the property with proper notice?

,You will not file a joint tax return.Being that you two are not married, you have entered into a partnership in regards to the LLC.

As Brandon stated, be careful and don't agree to pay any large sum or enter any contract without consulting your free mentors here on BP.

I have entered your weekly draw for the book, hope I can get one of your free copy of investing book.Thank you Joel & J!!

When I entered the house I noticed some unusual things.

Secondly, two or three partners can certainly enter into any business relationship to form an entity which sole purpose is to buy, fix, and resale that property for profit.

We are now looking forward to flipping houses on a regular basis as we enter retirement (we both have part-time jobs we will continue).

We were able to walk through the property w/the help of our Realtor, but only if we would sign a mold waiver to enter the property.