So if it takes about 3-4 months to foreclose on someone, I would expect to see the market to be flush with foreclosures starting 2nd quarter 09 and the housing market bottoming out starting in 3rd quarter 09 since their should be less foreclosures coming on line to depress the market with.Therefore, my objective between now and then is to accumulate properties now for cash flow and position myself to be able to accumulate more property in late 09.

Is scared me into thinking I was suppose to be paying quarterly sales tax.Anyhow, there is a Public Hearing at the next City Council meeting that I plan on attending.

I know we paid quarterly and it was about $320 each quarter.

You have the benefit of learning about real estate w/o having to invest a great deal of money, aside from the yearly/quarterly membership fee( a nominal fee), and you get to network with other investors face-to-face and ask questions.You can do a google search online for Milwaukee's REIA to find where one, or several are located.

Also in WP is an huge storefront building with living quarters upstairs. ( right on the main road to Branson from there) OR how about 180 acres with woods, 2 wells and already subdivided for lots in Howell county?

When you factor in the utility expenses, and the cost of ownership differential between coin op machines and basic residential machines, I can't imagine coin op machines are really cash flow positive below 10 rental units or so, and at some point (probably around 8-10 rental units), you'd need more machines, which would change the numbers yet again.Not to mention the hassle of collecting, counting, rolling, and depositing $70 worth of quarters once a month!

I just need to know a few basics before I begin looking for a buyer.Bob [email protected],You have what's called a "mixed use" property, it's even MORE complicated than commercial & up there with the development/subdivision wrap-around mortgages I put together between developers/sellers/backers/& buyers;Have the toughest in the world on my plate right now...mixed Use Horse Barn Construction to Perm w/22oosq.ft of living quarters in the same structure...yes, it was a nightmare.If I can get IT done, Your place will be a walk in the park.1-Know Your buyer/borrower; start off w/a credit report, financial statement, & their business plan, unless they're buying Your going business(?)

I must confirm any expenses over that.If you are a bit more of a control person, you can also request invoices/reciepts for expenses.5 - Monthly Statements: Does the company send out monthly or quarterly statements.

We write quarterly policies, semi-annual, and annual policies.

The number one target in litigation, according to my attorney, is the Minutes.You should hold meetings at least quarterly if your LLC is not very active, say for a landlord where no significant business is conducted.