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Has anyone worked with a contractor named Richard Brooks, under either the business name Semper Fi Renovations or STL Flips? I have a project going with him right now that is not going well, running almost 2X over est...
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Hi everyone, I live in Pa, and I was wondering about starting up an LLC. So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, tha...
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I'm going to start doing buy/rehab/sell deals with a money partner. We'll be 50/50 profits and losses. The purchase and rehab will be funded 100% from his money. I will be doing all of the finding and project manag...
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Hello everyone,My name is Scott Passman and I am a new investor based out of Batavia/Geneva, IL. I just started learning about real estate 4 months ago and I have been hooked ever since! I have spent every free mome...
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Has anyone successfully bought a property through auctions and/or foreclosures? If so, could you kindly advise what the process looks like to close the deal (how to bid, how to deal with banks etc.), how the title pro...
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Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...
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I am working with a few friends to start purchasing properties to fix & flip. I am wondering how others go about creating the contractual agreement for a partnership on fix & flip deals. Do you create a partne...
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Mike Simmons is an important part of our 7 Figure Flipping team. He also has been a part of a successful business partnership for many years now. However, it wasn’t his first or even his second or third partnership....
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Hi Team,
I have a conundrum. I am trying to figure out how to get started in terms of "What entity will buy this property I am interested in?". I will briefly go over my scope and goals and will propose some ...