Utah uses a business tax discount to encourage people to follow it versus state law which makes it a bit more optional.

You shouldn't be paying anywhere near FMV in this market - particularly if you can pay cash.My guess is your private lender will do 4 individual houses as well and I'm sure they would be even happier to be the note holder at 70% LTV versus 100% LTV - even moreso given that the 100% LTV deal would require some pricey repairs (roofs and foundation).

First, you will be trying to reconcile two probably competing sets of criteria - ie. finding an ideal property as an investment versus finding an ideal property for your daughter and her friends.

Yep... lady on the phone seemed to imply there are two blocks which likely confused the first agent as they did a full search from Thursday through Sunday versus 2 separate searches (pre-convention then convention).Anyhow, all taken care of... now someone tell me what the heck is up with the 14.75% tax rate in Denver?

"Hard up-sell to a 40K+ "mentorship".I do not know Than so can't comment on them.They were always entertaining to watch on TV.It sounds like to me at 40k a pop times 100 you would get 4,000,000 cash.Sounds like they take cash from coaching to fund more of their private deals.It's cheap money versus finding private or hard money.

But if its something minor, a 5 or 6k repair, its going to cost me $3k versus 1k with state farm.Then again, 4 or 5 years with 1 claim, the 3,600 a year I save will cover the the extra 2k in deductible.

In addition to working with clients I was looking at buying with cash a few properties a month to resale to investors.My thought with investors is they can pay all cash versus the red tape from home buyers.No underwriting or appraisal and waiting games.Decision to purchase from me is numbers based and not emotional.With my multiple niches I would like to add another income stream but not have that one stream take up all my time.Example if you can resale for cash 4 properties a month at a 10k profit that is 40k versus a flip in 90 days at maybe 25k in profit.Ryan Pyles post in another topic intrigued me and I have been thinking on this type of transaction awhile."

I would imagine even in the office there is a element of "when the cat's away, the mice will play"....Still up in the air on contractor versus employee...Mark

What I do now know is that all of my tenants have said I am very responsive and are indicating they want to stay as tenants versus taking a risk on getting a bad landlord.

Again, they'll be far more interested in the property itself and it's income potential versus you personally.Sometimes the easiest way to defeat a problem is simply to shop for things where the problem doesn't exist.