We have always taken it one property/loan at a time, one concern for us is if we got one loan then tried to get the second the bank may not qualify us based on income to debt rations if it dues not include the $2875 rental income the properties are producing.

Had it been issued in the BP name then yes, it would be treated as such.However, based upon the paper trail here; if BP were to recognize it as income and then produce this thread that even though it was in J Scott's name, it could be deducted.Gentlemen, what a tangled web that has been woven here.Steven

I'm partnered with a top producer, seven figure, maverick mentor.

By studying real estate investments and using tools like this forum I feel like you can make smart decisions to continue building wealth and continue the tradition of passing on income producing assets to family.Best of luck to you!

Assets should be income producing and that will make them liquid.

The things like libor scandal and whale trade to me make me think if I and every American quit putting our money into what they control maybe the corruption would be less if they had less money to play with. this isnt political its just where can I go with my money where it is safe but it will produce.

Why do you buy produce from a grocery store when you can have your own garden?

Do I evict at end of lease or if tenant can't produce a lease?

If these could be purchased at market value, they would produce some really nice returns.

Each of these homes produced a profit as large as my yearly salary and required MUCH less labor then a standard 2000 hour work year.