This person decided he did not want to be a landlord and just wanted to resell and make quick money.This worked best for his situation, he purchased the house without competition and got a great price then sold it a month later for a nice profit.Marcwww.greenfieldent.com

To clarify the property was listed initially for 299,000 then at 275,000 for long time not sold so we figure marketied correctly with flexiblity we can get 250's which is 30,000 profit.

Last year I sold to a number of Ca. investors.

It's what houses sold for.

Lets say I took All Cash's advice and sold the properties "NOW".

He is correct that it is harder to get a house sold when you have strict criteria.

Now say a profited 1mil because I sold all the condos in my 1 property.

When you purchase or sell homes with the LLC, the title company or lawyer doing the closing will need to have a copy of your operating agreement and tax ID for the closing file.

I'm not sure about other states around the country, but in Oregon it is state law that if you call a title company and request a property profile, they must provide you with a copy for free.

If your property was sold to a 3rd party investor, you may be entitled to overage.