You sell the property for the same $500K to an owner user with $100k down and carry back a wrap note of $400k at 10%.  

It was printed in January.McAllen, TexasOdessa, TexasCorpus Christi, TexasEl Paso, TexasDecatur, IllinoisFayetteville, North CarolinaMobile, AlabamaLubbock, TexasRochester, New YorkFlint, Michigan Flint HELL NO, Funny no mention of OHIO, this is exactly why I tell everyone stay off the internet its a waste of time. 

I bet they got their "information" from the internet.

I've thought about it for a rental property, but it would require an internet connection, conceivably the tenant, in order to provide the feedback from the meter portion. 

The internet and TV has lead to the massive spread of information regarding real estate investing in the last 5-10 years.

There are currently 10 items, which I affectionately refer to as the "10 Deadly Sins" that if they are included in your Wisconsin residential rental agreement will render the agreement void and unenforceable.In my representation of landlords over the past 20 years, the two most frequent situations in which I have found an illegal provision in a rental agreement were because: (1) the landlord decided to draft his/her own rental agreement and didn't know that Wisconsin law prohibited him/her from including certain language, and (2) the landlord used a rental agreement that s/he found on the internet that was not drafted by a person knowledgeable about Wisconsin landlord-tenant law.Section 704.44 of the Wisconsin Statutes sets forth the prohibited provisions.You cannot include a provision in your Wisconsin residential rental agreement that:1.

I'm pretty sure the numbers all look great for when the project is completed, but then again, I'm just some dude reading the internet and throwing my life savings around like I'm at the roulette table!

As a new investor, I have reached out to several other investors looking for guidance, one of the best pieces of advice that I received was from another BP user.

I had one tenant who didn't use the internet, so I had her pay cash at my bank into my account.

(The reason you pay an expert not listen to me or the internet.)I BELIEVE in a community property state you get a 100% stepped up basis.