8 September 2017 | 17 replies
It is not about business cards.An LLC is a tool to minimize the legals risks while not causing too many other problems.If you have nothing to lose then having an LLC is not required.
26 June 2007 | 7 replies
I am workin the estimates as we speak.Drywall though is going to be $850 thats with 20% additional "waste/opps"and finished.I workin on the kitchen remodel now.....
28 June 2007 | 5 replies
I am tempted on ordering a bid from contractors, but I don't want to waste their time in coming out and I never use them... or have them do numerous bids on homes and they are left wondering if they will ever have a rehab project to start on.The property is worth approximately $230,000 ARV.
4 August 2007 | 15 replies
I started reading more real estate articles,surprised I didn't look into that part,I usually read what other people are talking about on the forums.You do have a good point REI on what crowd I'm hanging out with.I noticed that,the more I hang out with other people who don't have any interest what I'm doing I get bored,and not learn anything,and waste time.I know in business time is very valuable.I'm going to call some investors tomorrow,to discuss real estate with them.Yeah you have good point on a customer will say no 4 times,before I get a yes.Your right flipper I should just move on to the next deal,and not let the other deals get to me.I should just look back with a smile,learn from the mistakes,and move on,because success does not come along with out failure.
1 July 2007 | 3 replies
Don't waste your time.
1 July 2007 | 5 replies
If you want to be an investor getting your license might be a waste of time.
1 July 2007 | 3 replies
I can answer the question of the financing and can minimize that impact significantly.
8 October 2007 | 6 replies
Hank,This will be blunt so you do not waste you time with lenders and others.1.
8 July 2007 | 6 replies
The industry's sweet spot is 90 LTV (90% financing) and you would need a FICO is the high 6's/low 7's, be able to document income/assets, have cash reserves on hand, etc. in order to minimize your down payment requirments to 0-5%.
10 July 2018 | 17 replies
Attorneys and accountants may tend to recommend a new LLC for each property as a way of minimizing risk but it also increases their fees. 8)