All Forum Posts by: Lucero Cruz Narino

 and for me as a newbie , i think would be waste of money.

 i found a app called "Investorlift" but it is $5,000 just to get their membership yearly.

 that sounds great.

do you recommend any wholesale that can help me getting good deals in land by any chance ?

If the numbers are good you can sell on MLS, I flip all mine to investors that want rentals. I keep many as well

 there are so many wholesalers out there why not just get deals from them? I do zero marketing and can get as many props as I want. I just picked up 7 more last week, all with great numbers. I have done about 500 in my market with zero advertising. I just ask my network and get all I want. 

All the best 

See if you can get the business started. Very challenging business need to save money until business takes off.

While it's not strictly required, creating an LLC can bring significant perks to your wholesaling venture. For starters, it shields your personal assets from any business-related debts or legal troubles. There's also the potential for tax advantages through something called pass-through taxation, which might ease your tax burden. Plus, having an LLC gives off a more professional vibe, building trust with potential buyers and sellers. While it might not be urgent at the beginning, forming an LLC becomes pretty crucial as your business grows. It's a good idea to chat with a lawyer and an accountant to figure out the legal and tax ins and outs that fit your situation. As for a business license, the necessity depends on where you are, so look into your state's rules and reach out to local authorities for some clarification. And here's a tip: try to steer clear of using your personal Social Security Number for business transactions. Instead, grab a separate business tax ID (EIN) for your LLC. It not only safeguards your personal finances but also makes tax filing a bit more straightforward.