Those who don't do...teach...so sadMy favorite pitch form Guru's is "i don't make money off this seminar's, I do it because I love teaching you guys" Revenue30 people x $1000 for the seminar = $30,000 incomeexpensesroom rental $500 x 2 days= $1000hotel room $150 x 2 days=$300cheap photocopies handouts = $300Yea you're right, not a profitable business...well at least you can always fall back on your expertise in your multi million dollar real estate empire lol

The investor is getting positive cash flow in the inland empire.

Rental income is added at a 75% rate.Doesn't this limit the size of real estate empires unless someone is making a very high salary?

If I had the lease on the Empire State building I might use a C Corp, but not for 25 houses which is more than most hold here on BP.

I attended an economic talk in about 02-03 for my area (Inland Empire of SoCal) given by a leading economist and expert on this area.

I don't mind working in the Inland Empire either, I know the area very well!

I've done quite a few deals there and used to live in the Inland Empire.  

I remember when everyone was speculating about the Inland Empire, when it seemed like everyone in Orange County was investing in a Phoenix spec. home, etc.  

You won’t build a huge empire with turnkeys but they’re a good way to start if you can buy them consistently.

Something to note about her - she is much prettier, and much nicer than I...That said, Jason - if you can, on BiggerPockets none less, utter the words of juxtaposition of Zillo valuation to LP to reality, and be for even 1 second confused about anything at all, this serves as empirical evidence of your relative stupidity in the subject matter.