I have always lived by the rule "Fail Fast" (without ever accepting failure). I mean this by way of I don't like to sit and over research (I don't accept the fail part). I learn best by way of Trial and Error with pre...

Hi all,I am a realtor and licensed contractor, and I need some advice moving forward on a flip in California. Background:I found the property and contacted the owner. I reviewed the property developed a renovation est...

I have a flipping business structured as an LLC. We just sold our first flip and made a profit. With respect to taxes and charitable giving, should I give from the LLC or take a distribution from the LLC and give out ...

Hello, everyone, I would like to speak with an attorney about my options to set up a partnership but I’m unsure about what type of attorney I will need for each potential situation. Many attorneys charge a consultatio...

Hey guys!!! I haven't done my first deal as of yet, and was wondering when I should set up my LLC? Before I purchase a property or after?

The Arrangement*Jack* and I met a few weeks ago, have a lot in common, and want to flip a house and share the profits 50/50. Once we find a deal, Jack will coordinate the rehab and I'll continue working my corporate d...

Hey Everyone,I'm pretty pumped because, I just closed on #7, paid 100k for it appraised for 125k. I put 20% down from a line of credit I obtained on a different home I bought a little while back. Soooo, I'll be able t...

simple question! How do you pay yourself from your rentals? How much do you reinvest? I have to admit i love talking $ when it comes to financial strategies and goals. I'll go first.Im small time with only 3 propertie...