Justin Mcintyre
New Construction, Business License and State Contractor License #
Hello community. New member here. I guess i should have posted in the new member spot first, but as with everything else I'm eager to learn as quickly as possible (I'll head over there next). I am in the process of ...
Chad Trail
Should I use a Business Bank Account?
I already have an LLC set up and active that I have used for consulting work in the past. Should I use this entity to set up a business checking account and keep my 5 doors of rentals separate from personal expenses?
Sory Kaba
Looking to lease my first Real Estate Property and need help with the process
I am getting started with viewing commercial properties with leases and I wanted to know what to ask the landlord agent and what to look for in the lease as well as what to look for when it comes to damages and constr...
Sean Steward
Investment Properties and Checking Accounts
I am currently brainstorming strategies and ways to get into REI and came across a question of, "when I buy an investment property or properties, and I'm not starting an LLC or corporation so I'm not opening a busines...
Gary Freidman
Cheapest But Most Efficient LLC Formation
I am looking to form an LLC and wanted to ask those who already have one if you though it was necessary to use a lawyer or could I just use the various formation services like corpnet? If you used a lawyer, how much d...
Jim Hopsin
is this too risky/creative
a guy wants to sell his house. i gave him my number and explained to him all the costs involved. i told him the 12% lending costs, the property taxes, condo fees, ins, repairs, and my 20k profit , and closing costs an...
Nick Loref
Is it worth making Eco-friendly flips?
With the world moving towards becoming more energy conscious and renovating homes for the future of our cities, does it make sense financially and logistically (time scales) to build more innovative homes with a focus...
David T.
"Commissions paid net of closing costs"
For the benefit of simplifying matters, lets address the issue on the basis of an average close of $200k per property deal.Between agents fees and buyers closing costs (around $4k) and other stuff tacked on the the cl...
Brandon Stiles
Building line of credit for LLC?
I'm working on my plan to start flipping houses and I figure if I can work my way up to a $300k line of credit for my LLC I can fund 2 rehabs at once and cover carrying costs without having to use my own cash. I have ...
Carson Fox
Profit First Book by Mike Michalowicz- Experience?
Good afternoon,I've been reading Profit First by Mike Michalowicz and am going to set up the system just like the book tells you to do. I was wondering if anyone of you have tried this and how has it treated you? How ...