A good handy man, a contractor or two for rehab and an experienced real estate professional are invaluable.

He and I became friends and eventually worked together.Taking a principal interest in a transaction, in doing business for yourself will keep you out of many license requirements, but not always.In many investor transactions, especially where you have little or no interest in a property and are acting as a straw man, a middle man, you may likely need a license.

I am also considering finding my own maintenance man, as I think the one MBA contracts with charge a bit much.We will have to keep each other posted and maybe between both of us, we can find a great, less expensive company to go through for our Phoenix properties!

I'm not a seasoned flipper but I am a business man. As

Always wanted to invest my own money but was researching buying and selling and acting as the 'straw man' as you put it.Ok Bill, so when you say:"If you are borrowing funds giving a collateral interest in or to the financial instrument, you are then floor planning an inventory and acting as a business if you sell the asset."

What is a " real business email"Is that something that differentiates someone whom is in the business to be the man as opposed to being a business man?

If only every tenant I ever get is like that, I will die a happy man! As

I am also incredulous that a strapping young man with plenty of advantages can only see a poor struggling 80 year old man as disgraceful freeloader.

BACKGROUNDFor the last couple years, we've had one single private lender that we've partnered on rehab projects with.But after reading and watching Alan Cowgill's material, we decided to host a luncheon, so that we can take on more projects.After speaking with our Accountant, attorney, and speaking to the SEC, we purchased a mailing list of local Accredited Investors, and sent over 1000 of them very nice, professionally-done invitations to our luncheon.We even hired a company to man a toll free line so that we could accept RSVP's 24 hours a day, 7 days a week.The luncheon was held at a very expensive, 5-star hotel in our area.THE PROBLEMOnly one attendee showed up.We're thinking about giving it another try.

Go get 'em man! As