The first year is probably the most crucial year, as you will need to calculate the cost basis in your rental properties, which will influence your depreciation expense on Schedule E.

then MLS feeds to all the SM sites and agents can filter through the responses or if it my own property like here in Oregon with our subdivisions I handle the first calls and then qualify them once done and appointment set hand it off to the closer ( my wife )  If I get a ton of E mail request for info I just tell them they need to come and look first.

Other one I did its just moving along fine no worrisome e mails no hints of cash calls superior communications etc etc.

Barb E.

Here are the terms:• 12-month term• 17%Interest(Annual)• Quarterly interest payments• Securedbyequity(not real estate-based) • $250k minimum investment• First-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindBook a 15-Minute Call With Me Here----~---------Please notice that nowhere does he mention in his new solicitation the problems his business is encountering in the previous week’s e-mail !!

I feel like I e read before that 25% of net profit is a good rule of thumb to set aside for those taxes, but what have you all found to be true? 

@Jeremy Altdorfer  Just adding to the above, the rent should be on Sch E of their tax return. 

I would actually suggest you spend that money to get your real estate license and hang your license with an e-brokerage. 

I do these project, but I am going to PM you the contact info for an A/E with a lender that does larger investment projects like this.

I also suggest Michael Gerber's "The E-Myth Revisited" as well as his "E-Myth Real Estate Investor" collaboration with Than Merrill and Paul Esajian.Remember - 90% of this business is marketing so don't let all the other stuff, like obsessing over business cards, get in the way of that.Good luck!