So, IMO for someone to sit in some title loan joint and actually make loans over the counter, without formal education in the lending arena, you'd need about 6 months to a year of experience before any manager would be rubber stamping you loans, more like a year to get a rubber stamp approval.My time lines are based on repetitious business, not doing some deal twice a month, but more like ten deals a day, 5 days a week. 200 deals a month, that means you have passed by about 1,200 loans before you have seen enough deals to guide yourself through the maze of lending at that level.RE lending will take a couple years really to be a good originator, that is not underwriting loans but walking the loan through the required process and address issues of concern, like title or appraisal issues.

On top of increasing taxes and property management costs, I did not even factor in capital reserves.Brian Nguyen, better to never invest then to invest and lose your shirt.

Doc stamps at less than 1% seems cheaper than 10k.

For every high school dropout that 'made it' there are 100 that have a food stamp card.

Plus there is no stamp duty here in the US where in Oz its quite high, the costs for coming over to the US are less than what we would have paid for that.

We have recently had two "recycling" businesses closed because the recyclers did not check ID's, did not follow procedures, and literally bought complete spools of wire stamped with the local electric company's name on it.

It is as simple as transferring your stock certificates in your corporation - no closing costs, no documentary stamps, no recording fees.Owners Flexibility:When you hold properties in a Land Trust, it makes it easy to have multiple owners.

I imagined a stamp sized pix but was knocked over by the size my 1940's house pix.

Which is why after doing so many of them, I have now set up my own company and employ people to do them for me, not to mention others that want me to do them for them.On the HUD, you have to show all the expenses, closings costs, transfer stamps, any realtor fees (if any), etc.

This may go on for weeks...by the time he finally speaks, everyone thinks he's a flippin' genius.First, he's always dressed nice-- button down shirt, nice jeans or khaki's and a jacket he can take off if he's overdressed.He sits near the middle/back (not the very back) and moves a bit forward with each meeting but never to the front.If someone introduces themself, he shakes their hand, looks them in the eye and answers with first and last name, "John Brown."