You never know what the future may bring and for that reason you want to keep control of all money intended for children or grand children in your own name.

I am a new investor in the DFW area focusing on Arlington, Grand Prairie, Mansfield, Cedar Hill and Desoto.

It's not a flip, but it's not going to be passed to the grand-kids.

We go to the grand jury next week.

Its a daily pain in the *** dealing with those people.I'm not anywhere near where I was before the crash, but am at a point in my business where my time is worth more than squeezing every penny (or ten grand) out of every deal, and I'm perfectly willing to pay some future profit to cut down on my frustration level, especially if it cuts down on my time involved.I've also done deals with friends many times and never had much trouble, but my friendships are solid and I value relationships over money in a big way so don't sweat the small stuff and address the big stuff before it gets to be a problem. 

Keep reading up on the BP forums and blogs, listen to ALL the BP podcasts (episode 108 with Grand Cardone was really inspiring), and read other RE and financial related books.

If a bank wants to encumber everything then the property someone buys better be a grand slam to put the whole portfolio at risk.

I'm not an expert by far, but I can tell you that it's pretty easy to blow through 5 grand and have not much to show for it.

No ones ever been reluctant to sell to me over the  time wasters because they were worried about me backing out when I throw 10 grand into an escrow account.

there is one in Grand Rapids.http://www.meetup.com/Grand-Rapids-Real-Estate-Investing-Meetup/