Getting Out of the Gate
Hey everyone,
This is my first post (beside my intro in the intro section) :D I'm getting things ready to start wholesaling and just wanted to make sure I wasn't overlooking anything.
* I've been reading the past posts in the forum
* I'm developing a company name so that I can have business cards and a website ready for my first REI Club meeting. Also, I want to create some type of business structure so that everything is legit and I can take advantage of tax deductions.
* I've created a spreadsheet to help me evaluate whether or not a deal is worthwhile.
* I'm developing my email database to act as a buyer's list/notifier.
Is there anything I'm missing?
I was wondering about two other things though. Does anyone have a Texas-friendly set of wholesaling contracts that they would be willing to let me use? Also, I've heard a little bit about being deemed a "property dealer" by the IRS and it has me nervous. What do I do to avoid that label?
Thanks. I can't wait to get started.
Jon