National guys have to rely on appraisals and other people's title companies, and must build in extra fees to compensate for their lack of knowledge of the local market.

., those can be held directly in the master LLC and are segregated from the secondary layer property LLC's.The tax liability of the whole structure flows to the IRA and there should not be any taxation at either level of LLC entities.You could also consider a series LLC, but there typically is not enough administrative advantage in doing so and the concept of series cell segregation - while excellent in theory - does not have the case law history as of yet to be something to rely on.

Newbs rely on their broker too much. 

Hello Ram Thank you for your response, i spent quite some time reflecting on your questions 1) having a career allows me to have more time to build my company, I'm not relying on it's income and it becomes more like an important hobby. patience (not procrastination) I believe will be a key to my success if I can take my time to build a better foundation for my company it will thrive longer.

That way you're not making exceptions all the time or relying on the whims of prospects.

Find a standard house in the area you're looking to flip in, something with lots of solid comps for the same layout house, in an area with plenty of solid comps to rely on, and mirror what the higher comps have done.

Don't rely on their rehab bids or the comps.....do your own due diligence and don't fall for the "have to have your answer tomorrow" nonsense.  

I'm hoping that, eventually, I will not have to rely on this industry to make a living.

Inspectors, roofers, painters, electricians, plumbers and others rely on us to get them work.  

LendingOne is also becoming a relied upon source for the Buy & Hold investors.Our credit line will allow the investor to limit his/her capital outlay to only 20% of the purchase price and 20% of the rehabilitation costs as long as the combination of the 2 loans is equal to or less than 65% of the After Rehabilitation Value (ARV).