I'm sure they're spinning in their graves at what passes for "men of the cloth today".3.

As the concepts they discuss become more redundant and you start to put your own spin on what you’re hearing, you’ll be ready to start testing theories on other local investors.  

If there were no RE transfer taxes involved, I'd consider admitting an investor under one LLC and then assigning it to a subsidiary LLC after the deal closed, then spin off the subsidiary.

Its easy to overestimate the selling price and underestimate the repairs and end up making nothing or suffering a loss.Rental investment (regardless of exactly what type of property), OTOH, don't tend to spin off large chunks of cash.

As with any guru, though, I suspect you need to filter out the overoptimistic spin on his advice and take in only the facts and strategy elements.

It's easy to "spin your wheels" in this industry when you do not have an existing relationship with the buyer.Try to find one that is looking out for your interests.

Tom just make sure every property is a winner.New investors get a taste of success with one property or transaction then want to go on a huge buying spree.Never buy just for the sake of buying to hit volume goals or talk yourself into OK deals.Your capital will get depleted, you will spin your wheels to break even, and you will have bad portfolio averaging occur.Portfolio averaging is taking the total return of all your properties.

I do understand realtors not wanting to be spinning their wheels.

I will give autoadrenew.com a spin.

He has property all over this area, he is toying with the idea of "spinning off" these 4 where I live because it's about 30 minutes away from where the bulk of his properties are - and those are apartment complexes, 15 units and up, etc., and his "real" money makers.