One of the most magical places on earth and best bars in the world is located in Hotel Montelone- it is called Carousel Bar.

There's no magic here.That said, rentals do have good tax treatment.

@Himanshu Paretkar, the tenant won't magically move out because the lease ends.

Turn on your own wifi hotspot whenever you visit the property so it can push the data up into the magical cloud.

You don't just plop your money int some piece of property and wake up to see it magically turn into a mixed-use development.Here is my take on 401K..

I like Ron LeGrand a lot too.I'm not sure if I have anything you don't already have to trade but I'm very interested in Ron LeGrand's Business Management course as well as some of the other ones you have about Land Trusts, Property Management and Motivated Sellers.I wish I would have seen your post before I sold my Kathy Kennebrook Marketing Magic I & II Courses...they are great!

He'll still have the same congress in power to deal with . . . is he magically going to transform Republicans to somehow agree with him on issues that they have no intentions of agreeing with him on?

I have also read and underlined most of the RichDad books and listened to all of their CD's and all of their podcast.I have found the program to be helpful - but it will not be the magic silver bullet to make you a real estate superstar.

I doubt this landlord has the magic formula to get only the first type, they are hard to find.Has the owner shared his costs on the things has has to capitalize for the IRS - the appliances, carpet, upgrades?  

i have read in books, on blogs, and on various sites like this one that the "magic number" is two years. i have a rental for two years now, but i honestly didn't even think about getting into rei until this passed summer. now that i am in it, i too have set 2-3 year goal. i think as i get more comfortable and confident in it, i will get more involved in it and eventually i may switch to it full time. it's exciting to hear where everyone else is in their master plans, and it's especially encouraging to hear about people who have made the full time transition and are doing (more than) well!