who pays utilities?

Hi Rob and welcome.I am not a rehabber but look at J Scott, James Vermilion, Will Barnard and a few others on here that focus on it heavily.They can give you a ton of valuable info on rehabs.

Credit non pmts I might let medical or collections if I deem the collection to be non related to housing and utilities.

There is a ton of info on here and the other members are always willing to help.J Scott, if you set up a BP meeting in Milwaukee, I'll definitely be there!!!

So I formed an LLC and opted to be taxed as an S-corp in 2012 thinking I'd save money on payroll taxes when I make a ton of money, well... like most new investors I only made a little... $1,650 I paid myself out of a $3,000 wholesale assignment and thought I could pay self-employment taxes like I would a schedule - C.

I'll be able to afford doing two projects at a time from here on out so my final day working for the man is coming.....I like to imagine my potential when I can utilize the 2000 hours/year I give to the man (for JACK) and invest them into my personal business.I will consider your advise and possibly make amendments to my business plan.Thanks Keith

Managing a rehab while working full time can be very time consuming so if you're just starting out, I would go for something not requiring a ton of work.

Thanks a ton for being really responsive and answering pretty much everything I've asked about thus far!

I have lost out on the last dozen HUD houses I've bid on as they have gone for over asking as well.A lot of them need a ton of work, but some are nice.

All utilities were in my own name and I was not living permanently anywhere else.