As of now, I am a Full-time Licensed Massage Therapist with my office located in Alpharetta, but I am looking to have Real estate mastered in order to expand my streams of income.

Don't use it to massage your numbers to make a deal look better than it is.Originally posted by Account Closed: Your accountant is trying to protect you, but the reality is 99% of loans from banks (and 100% that I've gotten) are recourse, meaning you sign a personal guaranty.On the contrary...his accountant is trying to protect HIMSELF

There was a little bit of a learning curve in that period and perhaps some of those players would look at this venture with better process and procedure.

I question why we shouldn't just buy the materials as we had before at the roofing supply store in Vancouver and have him pick them up, as is our normal business procedure. 

It just shows that you can massage data to give you the number you want.

The previous manager had not bothered to follow this procedure.

When I joined in, they had just stopeed doing the short form app and were now trying to formalize their procedures a bit and make their accounting a bit more streamlined to avoid prior delays with folks receiving their partnership agreement.In either case, this is a great forum.

Be sure to follow whatever procedure is required in your state to the letter.

Buy/Hold isn't in my cards yet, the operations/procedures are in the works, but the fact that there is the real chance of an impending flood of inventory; This tells me to hold off so I can pick up long term properties at the lower price where every dollar I can invest will go that much further.Some may say we've hit the bottom, but both Mike Jacka and I hold the belief that shadow inventory exists unsustainably.

For those interested, let's have a call to discuss the objectives and procedures of this group.