If you were in any real estate profession you would have been deeply effected by this law.

We are not doing an LLC because it imposes self employment taxes.Comments and suggestions are welcome.thanks

Analyze them every 6 months or so to assess effectiveness and change them up if they aren't working.

Many people have told me to do this rather than wholesaling or flipping properties...Does putting a home under contract effect the seller at all or do they still get their money?

Now developing increased financial responsibility with what they currently have and with what they will have, will insure that this increased income will not leave just as quickly as it came, but I am just not sure that topping out a 401K or paying off all your debts is the most efficient and effective way for everyone to get ahead.

They can make them selfs usefull.

Either way using a GRM to prequalify rental deals is a quick and effective way of being efficient in looking for deals.Now as one of your "take aways" accurately stated, if your primary exit strategy is long term rentals then reaching your rental numbers is definitely more of a priority than buying at a discount.

This program of "Creative Financing" is effective all across the United States.

You need stated - are you a wage earner or self employed...this makes a difference although you have a 603...

He asked if the lenders we worked with would take "Pink Paper" or something to that effect.