There's a sizable population of agents amongst us as well so that's a bonus, you can bounce ideas off people who are both agents and investors.

I think that learning from mistakes is the best way to retiain information, it's just a bonus to learn from others mistakes (and successes) here at BP.

I have always said appreciation when cash flow is good is bonus anyways.  

It cost $49,000, with ARV of $85,000.The bonus part of the house is the full basement.  

Hell, I gave my electrician a hundred dollar bonus last month because he did some outstanding work and did some extra work that wasn't in the original scope. 

The super bonus here, is that 99% of the investors would walk past this deal. for you, your most likely outcome is that you make a little monthly cash and dont have your credit at risk  Better case is that your buyer pays for 10 years, and they walks away leaving you resell the house with equity in it the second time.To your successJosh

Bonus, have a plan in place to pick up properties if such a drop were to happen in your markets.Interest Rates: Do you have any floating ARMs or HELOC?

Bonus for referrals and discount for Cash Buyers!"

One other potential bonus on the LLC side of things is that, depending on how your reverse is structured each property could be in it's own LLC.

In the agreement you can give a salary and/or bonus structure to someone running the daily operations.