While technically true that the GC wouldn't need workman comp (with less than 3 employes) you would be covered IF all the subs have workman comp, you'll never if he lets some individual guy on the job that doesn't have it, even unknowingly.

What exactly is enough cash flow is a matter of opinion and is affected by numbers in the individual property.

Wholesaling is used to building operating cash to run the wealth building side of the business.My main purpose of the this forum is to meet like-mined individuals, individuals that want to invest in property in st louis, and get up-to-date feedback from my mentoring program.Thanks and look forward to possibly working with you all!

1 handiman type person sounds reasonable, assuming that individual would be responsible for general lawn maintenance (grass cutting), general cleaning of hallways, etc. and everyday minor maintenance problems.In addition I would expect a PM to cost around $28K/yr. and assuming reserves mean Capital Expense Fund, again I would estimate at about $28K a year.I would definitely contract someone to fully evaluate the rehab costs and check with a couple of PM companies to get their ideas and costs.

Individuals can not report to credit bureaus, only members may report credit histories.

So we have decided on Propertyware.I am a young, computer-savvy individual, who understands various software platforms and accounting principles.

Mortgage brokers have to comply with the SAFE act, even if the money is coming from private individuals.

At that meeting is nothing but individuals looking to help one another.

I have been talking to an individual as a propsect for my side business during the last two months.

That is the contract you're assigning to assignee which means the assignee will be closing at the already negotiated closing office shown in the contract unless he/she renegotiates with the seller/owner individually.