17 July 2021 | 0 replies
I'm new to REI, and in most posts it seems imperative to have an attorney create the contracts, but with low funds and it costing a decent amount of money to have an attorney create a contract, I was wondering if it's possible for the first deal to write your own contract using templates found online?
15 November 2021 | 5 replies
Instead, figure out what your style is (bread-and-butter fix and flips, luxury rentals, whatever).
21 July 2021 | 13 replies
My CPA totally agrees with the information I am writing about LLC's and nobody has challenged what I write.You said you want to set up an LLC because you already have assets, but an LLC in a high percent of cases does not protect your assets you own in other LLC's.
19 July 2021 | 3 replies
I could write a book on the reply but reach out directly if you have any specific questions.
18 July 2021 | 6 replies
If they say a particular change is acceptable, ask for it in writing.
19 July 2021 | 12 replies
PS, yes I know we need to get an operating agreement and stated goals in writing and to operate by them going forward.
22 July 2021 | 11 replies
I get a line item bid, i.e.Demo - $3000Plumbing Rough-in - $6000Plumbing Finish -$3000Hardwoods (labor, owner to provide all materials) - $2500That way when demo is done, I write a check for $3000.
19 July 2021 | 5 replies
I, on the other hand, feel I need a little bit more, like something in writing from that person that says they will not give the code to anyone and that if something is not left locked properly and the house is broken in because of that, then they would be held liable or something of the sort.I remember that there are people who do this, but I don't remember if there is a name or there is an example of said "addendum" for it.
22 July 2021 | 11 replies
Made a list of each project, materials needed, went into the Home depot app and started writing down prices.
21 July 2021 | 5 replies
I'm looking to get away from my hometown in O'Fallon, IL, for a week or so and stay with a family that invests in real estate or owns a business and uses it as a business write-off and to be a sponge and learn some information from wiser individuals.