This is sufficient to increase rents the following year (anniversary date of renting).

From there I created a wrestling (real wrestling, not male soap opra's) brand that is now one of the largest in the midwest.

If you contract to buy a pallet of dish soap and then assign that purchase contract to someone else (so long as the contract did not have verbiage preventing an assignment), then it is fine and perfectly legal but when you involve real estate, that is governed by another authority, i.e. the local department of real estate which is where additional rules and regulations come into play.Having a real estate license is the best way to protect yourself as a wholesaler but that is not the ONLY option to do it legally.So in summary, wholesaling or assignments are NOT illegal but you can certainly perform an illegal wholesale transaction through an assignment clause in states that have laws against it (which is most).

(Feel free to correct me on the VA part) Ok, step off soap box now.A thought popped into my mind when I received an email from a wholesaler the other day.

My wife and I spent our 9th wedding anniversary in Seatle.

I’m putting the 20% down and after the mortgage, PM, tax, yadda yadda, it’s still putting money in the bank.Of course as long as it’s rented out.Now for the twist.I’ve been offered a fantastic (unrelated) position in Beijing to work and study.This needs to happen by Jan of 2015.I’d be there for a few years but will be able to travel back to the US once or twice a year for a couple of weeks.Soooo . . . the problem lies with what I have currently.I bought a short sale back in Oct 2012 that I am currently living in and rehabbing.I bought it for half of what it’s market value is (currently) and my plan was to sell it on the 2 year anniversary (Oct 2014), run with the gains to buy a duplex to be O/O.But then this lifetime opportunity came up.Maybe Paula Pant can chime in on this since she is also a world traveler too.BTW, China is nothing new to me since I have already been there 5 times within the last 6 years and have always dreamed that someday I can just go and stay longer.My real question is, do I still buy that duplex or buy a second SF in cash with the gains or do I take the risk to buy the duplex, live in it for a couple of months before taking off.I believe having 3 rentals and only 2 mortgages, there’s enough wiggle room to not stress out if one should stay vacant for a few months.Or just have 2 rentals and only one mortgage?

I am in my low 30's and am about to hit my 10 year anniversary with a large company.

If they plan on staying, then set the time for a new lease signing.I raise rents annually, on the anniversary of their move-in, even though I only do month to month. 

I'm married with two boys (6 and 3) and just celebrated our 7 year anniversary.

Who stocks the unit with supplies ( toilet paper, soaps, etc).