An LLC is it's own entity and is used to create a wall of separation between you and the LLC's liabilities.

Do that in an upcoming area and you will do well in the next two years, and create a base for future acquisitions.

I have decide to try and flip my latest purchase that I closed on this week so that I can build up more capital to create more cash flow.

but rising inventory would create more supply of houses for buyers to choose from and for guys like me(flippers) that would force us to either make our houses the best on the block or lower our prices (probably both).

I want to gain an much knowledge as possible and have been reading some of the forums on here along with reading real estate books.My goals are to start investing in properties and create a portfolio that will always keep growing (hopefully).

Creating a shelf corporation early to season the entity will not work for mortgage lending.

Most people who cry about when things go wrong down the road, just don't pay attention when they sign documents that create financial obligations when, it doesn't matter how many pages of fine print they put in front of you, you really need to know what you are signing.Item 1.

You'll also want to create a network of contractors.

And it creates hype and competing offers.

What were the first steps you took in creating a buyer's list?