Skip to content
Learn
Get Started
Learn SMARTER Real Estate Investing Real Estate Syndications
SMARTER Phases
Strategy Market Acquisition Rehab/Rent Tracking Exit Repeat
Resources & Media
Interactive Bootcamps Self-Guided Bootcamps Pro-Exclusive Videos Events Webinars Podcasts Books Blog Resource Hub Guides
Summer Bootcamps Open for Enrollment
Pick your 8-week bootcamp: Short-Term Rentals, Small Multifamily, or Rookie?
Free Webinars
Real estate investors break down the basics, and share tips on how to get your next deal.
Tools
Calculators
Rental Property Fix And Flip BRRRR Wholesaling Mortgage Payment 70% Rule Airbnb Rent Estimator Rehab Estimator
Software & Services
Tenant Screening Property Management Lease Agreement Packages RentRedi Insurance Pro Partners
Find Deals
Real Estate Listings Find Foreclosures Real Estate Syndications Off-Market Deal Finding
Pro Membership
Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence!
Build Your Team
Suggested Vendors
Find an Agent Find a Lender Find a Tax & Accounting Pro Find a Financial Planner Find a Property Manager
Vendors & Partners
Build Your Team
Search
Members Businesses Classifieds
Events & Meetups
BPCON2024 Local Meetups
Agent Finder
Investor-friendly agents who get the best deals done.
Lender Finder
Investor-friendly lenders who can get you the best funding for your strategy.
Forums
For You
Newest Trending Unanswered My Discussions Followed Discussions Followed Categories Followed Locations Followed People
General Real Estate
General Real Estate Investing Starting Out Deal Analysis Buying & Selling Business & Marketing Landlording Property Management Reviews & Feedback
Real Estate Strategies
House Hacking BRRRR Short-Term Rentals Mid-Term Rentals Multi-Family Fix & Flip Other Strategies
Finance & Financing
Lending Creative Finance Personal Finance Taxes & Legal Issues
News & Announcements
Official Site Announcements Market Trends & Data Real Estate News & Current Events Pro Exclusive Area
Events & Networking
Events & Meetups Classifieds Off Topic
Blog
General Real Estate
Real Estate News Market Trends Financing Landlording Tips Personal Finance Taxes Opinion
Top Strategies
BRRRR Short-Term Rentals Multifamily House Hacking Flipping
The 25 Best Sunbelt Markets for Cash Flow—And a Closer Look at the Top 4
Jazz icon and Los Angeles native Roy Ayers once famously sang, “Everybody Loves The Sunshine.” Never have truer words been said. The Sunbelt states are having their moment in the (ahem) sun, with […]
Partnering Is a Great Way to Invest—As Long as You’ve Worked Out These 13 Details
In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties. This can work, but there is a potential pitfall: […]
Store
All Books
Browse All Best Sellers New Books & Pre-Orders Bundle & Save Books for Beginners
Simplify your goals and find clarity for your investing
Dave Meyer's newest book gives a practical framework to craft and execute YOUR personalized real estate plan.
Save money and time with efficient property management
Make the most of your time and money as a DIY landlord. Pre-order your copy before April 25 for exclusive bonuses!
Followed Discussions Followed Categories Followed People Followed Locations
Wholesaling
HomeForumsWholesalingLLC?
Dom Lombardo's profile image
Dom Lombardo's profile image
Dom Lombardo
  • from Poughkeepsie, New York
  • Member since Jan 19, 2015
Connect

User Stats

14
Posts
0
Votes
Dom Lombardo's profile image
Dom Lombardo's profile image
Dom Lombardo
  • from Poughkeepsie, New York
  • Member since Jan 19, 2015
Connect
Dom Lombardo
  • Poughkeepsie, NY
0
Votes |
14
Posts
Wholesaling

LLC?

Dom Lombardo
  • Poughkeepsie, NY
Posted Mar 1 2015, 20:18
Hey everyone,I have a question. Let's say one person calls and we agree to a deal. I go to my attorney and we close it. Deal done. Let's say I made $10K on that deal. Now what do I do with that money? Can I just put it in the bank? And also would I have to start an LLC if I were looking to make my own wholesaling business?
0 Votes
Follow
7 Replies
Jump to Last Reply
Log In or Sign Up to Reply
Sort By:

Loading replies...