I haven't had anyone burn me yet and some folks even ask to pay 100% up-front to get it out of the way.If I may, one thing I'm curious about though that you all might do is credit cards.

But they will be along the lines of...Investment business:  purchasing 4 more mobile homes with the land as rentals, super dial in our systems to utilize every team member in their unique genius zone, and consolidate some debt.Education:  Create 1 new class, (most likely on the topic of private money), double my book sales, speak at 40 live events, and be a guest on 50 podcasts.

@Sonya GulkaI’ve just just started looking into real estate investing over the last 2 months but I’ve been burning thru BP’s podcasts (started from the beginning and I’m at 71).

Someone from the company should perform a site visit of the property to do a thorough analysis and ensure eligible components are identified accurately.Licensure and experience: The firm should have licensed tax specialists and engineers and this is recommended by the IRS.Experience with your specific type of property: Not every property is treated the same whether it be office buildings, self-storage, restaurants, gas stations, mobile home parks, residential properties, multi-family, or car washes.

Big things always happen when you are on vacation, that is a rule of the universe.Below is a picture of a water leak in one of my mobile home parks this last weekend.

These three myths are exactly why people get burned.

Too much fire and we burn down our homes, burn up our cars, destroy thousands of acres of forests and bring down the World Trade Center.Debt is like Water and Fire. 

I had a bad contractor I burned cash on, a break-in and theft, and then had to put more money into the rehab than I thought.

I would get a second opinion.Again, if the place burned down, would you pay the tenant a place to live for a year?

I am able to put up to 3 mobile homes on my land.