Once again, not a problem but with 0 due diligence period it seems reckless.

Lenders love to see a steady stream if something goes bad.I personally think it's a little reckless as well, quitting your job before you get a good hold on the business.

Basically if you see two IRS agents at a physical site audit look for one with a badge that’s Criminal Investigations Division.You have to **** up bad to get criminal charges.It’s willingly and knowingly or reckless disregard.Nah your boy is lying.

As someone in the process of still building my credit back up from my reckless college days and saving as much money as I possibly can, sometimes it gets frustrating having to wait to invest and make my dreams come true. 

Well you’ve heard it from investors, cpas, cost seg specialists, so here’s the 1031 guys opinion:  any blanket statement about a process without significant experience in the process and in depth knowledge of the clients specific situation is reckless and irresponsible.Cost segment, 1031, having a second helping of turkey, taking an afternoon nap and a million other things are never always going to the right thing to do.  

:roll: I live in a pro landlord area and I couldn't get away with this kind of reckless endangerment - nor would I ethically want to.

I don't mean to get political here, but the levels at which these items are happening is not only reckless, but scary.I for one will watch the warning signs carefully and be prepared to act swiftly to protect my assets.

It's one thing to buy a section 8 triple decker when you have 12 others and a crew to take the calls and cater to the tenants and a different ball game when you have one or two such units along with a job that you can't leave for 2 hours when you get a call about the leak that was in fact caused by a reckless tenant.

So much reckless money being thrown around is bound to attract the hyenas.Unfortunately, hardly anyone wants to acknowledge this, much less discuss it.I spoke to a colleague yesterday who just got scammed out of $1,500 in earnest money from dealing with an unscrupulous "investor" who probably makes more money from broken contracts than he does from legitimate property sales!

Glad this post has given you a couple warn leads, but as far as valuable content to actual investors it is a puff piece with reckless guidance of future house price growth.