Than Merrill - Host on A&E’s “Flip This House”.5.  

Because of the images I am getting allot of inquiries. 77 e-mails about the place in 5 days.

Townhouse20-60 CANTERBURY DR - $1,750 CAD / MONTHLY21-60 CANTERBURY DR - $399,000Detached25 Victor Boulevard E, St for rent  $2,200 CAD / MONTHLY 22 Victor Boulevard, St. for sale $449,900 

I applied to PG&E over 8 months ago to get a separate meter, and it's still in engineering.

Layton E Bailey go to a local real estate investing meeting, listen and learn from the experienced investors.

I actually own a property there (2100 block of Barclay St) and a good friend of mine owns a house there as well (300 block of E 22nd St).

I've learned SOOOO much from those podcasts and the books they've recommended; like Brandon's Book on Rental Property Investing, Rich Dad Poor Dad, E-Myth, and one book I stumbled into at Barnes & Noble called Flip: How to Find, Fix, and Sell Houses for Profit.

Here are my current options (beware, some of these may not make sense – this is my first time so I don’t know the difference between smart/stupid moves yet):A) Get property appraised and get a HELOC to use as a down payment for a property with FHA loan (2-4 Unit)B) Hope home value increases and sell when the equity >= a down payment on a 2-4 unitC) Remodel property and sell when the equity >= a down payment on a 2-4 unitD) Remodel property, Get property appraised and get a HELOC to use as a down payment for a property with FHA loan (2-4 Unit)E) Save money and wait until market rent >= cashflow, use HELOC/saved money as down payment for 2-4 unitI’m thinking option E is the wisest move but I want some other opinions to see if there's a faster way – any insight is helpful since I’m just learning.

If I am the only Sponsor / General Partner / Manager of the fund (as spelled out in the operating agreement), am I the only one who files a Schedule E at the end of the year - or do all Limited Partners / Members also file one?

Message me your e-mail if interested, and I will send you more details!