In this case NY and Wi.Now more of a tax question.Any helpful / generous CPA’s in the BP family?

Necessary or a nice bonus? 

Bonus points for web presence. 

Thanks Bob.So, use the UPB to make sure it will work with the numbers, but the estimated payoff difference is an added bonus!

But using the 5k figure, deduct that and it takes the profit to 42k.Then DEDUCT the rent credits you credited each month (if you are very generous to get a quick buyer and went with say 50% rent credit) So say you negotiated rent of 1200/mo, 600/mo would be rent credits. 24 mos of that = 14k roughly.

OK, lets be generous and assume your expenses, including vacancies, insurance, taxes, and all the other stuff mentioned in other threads is only 33%.

For these reasons, I might give them a nice bonus or something when I kick the bucket, like a down payment on a house.

Your testimonial seems a little like your leaving out some details, like how you have gotten all this wonderful NRU education by way of Ron's generous "tuition partnership" or not??

These can serve as back up exit strategies.For example, once you have a reliable tenant with cash flow in a property, you can find a buy and hold investor who will be much more interested in the property, since they'll be spared the trouble of finding a tenant for it.You can also owner finance the property and then sell the note to another investor.† You can sell part of the note for cash now and have income later or sell all of the note at once.If you're having trouble finding local investors, online auctions can offer your property to a potential global market.Even in a soft market some homes will still sell at or near full market value.† Of course, you don't want to incur six months of holding costs waiting for your price so you have to get creative to make your property stand out.† One way is to "Go Green".† A few touches like solar hot water with a tankless water heater back up and adding rain barrels to the downspouts in order to maintain landscaping inexpensively even during drought conditions can put your property ahead.† Everyone likes ideas that save them money and if it is good for the environment too that is an extra bonus.

He is now offering wholesaling system with other bonuses inlcuding that his students will get proof of funds and funding opportunities for their wholesale deals.