Conclusion The seminar that I attended was not the rich dad series, however they may be similar programs.

I've seen too many people who watch too much TV and lose because they weren't patient.

I love insurance and LLC (and the Series LLC) and think that having BOTH is the STARTING point to AP and an AP plan.

.), for which you should consult a knowledgeable CPA, but those revolve around shifting areas of taxation and deriving additional benefits.You'll want to do your flipping in an LLC (and if you plan on doing multiples, you should look into Series-LLC) for liability purposes (,  so that if a buyer of one of your flips comes back years after the sale with a lawsuit, you are protected).One way or another, the money gained from flipping is active income and you'll have to pay taxes for it.

For those that hold that opinion, how many have passed a Series exam or even looked at the testable material?

Learn your numbers... you're basically providing a service to cash buyers to save them time so bring them value.You might find these useful..This is part of a video series https://www.facebook.com/Cody.B.Sperber/videos/120...http://freewholesalecourse.com/

Aside from listening to the BP podcasts and reading the Rich Dad Poor Dad book series, I don't have any actual experience in real estate investing. 

You can post in either the "Jobs> TV/Film/Video" or "Gigs > Crew" section.You can also read my reply to Joshua Hively. 

I want to use a waterfall structure to distribute profits based on a preferred return and structure the entity in a way that allows for a series of independent investments or funds.

You may want to ask him about series LLCs in your state.