Definitely treat renting your home as a business and not a social exercise (And I don't think you need an LLC in your case.

The theories advocate a 3 hat approach to business, Entrepreneur, Manager, Worker; each with their own priorities and responsibilities.

If you haven't already, you should try to make it to a REIA meeting with COREE (Central OH Real Estate Entrepreneurs).

I feel like it's some long social media commercial for "MLS for Investors".

I did this for a few reasons. 1) I wanted them to see the property was real and I wasn't going to run away with their money. 2) I wanted them to know there was a reasonable plan to pay them back. 3) Since this was my first deal, I wanted to show them that I had thought through contingencies vacancies, etc. 4) Both of my partners on this deal are entrepreneurs, so they could have run with this deal, but just as they trusted me with their money, I trusted them that they wouldn't run with my deal.

Hello all,I'm hoping someone can offer some insight into my current situation.A few days ago a friendly gentleman offered me his business card at my place of employment, saying he is looking for someone like me with strong social skills.

We did a hotel deal that was finalized in getting a commitment on the phone in probably about 30 minutes, but: That isn't done by just anyone unless you name is Walton or Gates or Buffet or other very wealthy folks, where you might have some opportunity or cause and the investor(s) have knowledge of your offering, your reputation, your abilities to perform and where that fund raiser has the financial expertise and social skills to carry off such a commitment.

One of the podcasts I listen to regularly, the host has a social media training that he provides and he has said that 90% of the people that send him the $70 for that course never even log into it once...

For those of you who renovate and rent and advertise on social media sites, personal websites, etc., do you show before and after pictures or simply the newly renovated property?

The begin to promote all the free ads, posts, forums, directories, social media, etc.This will allow you to setup a foundation for an Internet presence without breaking your wallet.