Recently I’ve come out of hibernation with renewed vigor and have embraced my ultimate greatness, or at least given myself permission to be great.

If it was your 20th property, maybe, but as your first, embrace the intimate knowledge you have of the property and go for it!

With seven years in the rearview mirror, and our real estate market looking like it’s considerably healthier, I’ve decided to test the waters again, and hang my real estate license with a local boutique broker here in Southern Utah.Straddling both sides of the 9 to 5 fence - I now find myself working from 4 AM until 1 PM at my day gig, then putting back together the pieces of my long neglected real estate website, and social network until late in the evening.While it’s a long and arduous battle to reestablish contacts… As well as create new ones, I know it’s ultimately worth it.I currently find myself trying to re-establish some high-value reciprocal links for SEO purposes.

Okay this is very simple.Buyers want to take over a property with no money down.A seller might look at a WRAP but wants to know that they buyer will stand a lot to loose and will fight hard to keep the property performing which is why they want money down.If the buyer puts nothing down then the seller could incur massive costs trying to foreclose depending on the state the property is located.Also remember no money down does not mean you will be without costs.I did a no money down deal on a 20 unit but I am having to spend some of the cash flow on deferred maintenance on the property.So you will have the initial closing on the purchase and then ongoing costs between now and in the future at risk IF a bank calls the underlying note due.Having said that banks are drowning with non-performing assets.They have zero motivation to create more loan problems on the books then they already have.Now in a few years when interest rates start to rise and banks have healthier books they might start really looking at calling loans due to re-lend at higher rates.So the key with a WRAP is the exit is just as important or more so than the purchase.Your possible exits might change over time so I am looking at how my purchases progress and are performing and then think each month about what the exit might be and do I need to change course.

For others who might be a little younger and healthier a HSA would be worth researching.

The commie-pinko greenie weenies (No offense to any here, just playin') say that copper has natural anti-microbal properties and is healthier than CPVC, which might impart toxins into your drinking water.

I would say that Dalles is healthier than most of the nation, but growing at less than it's historic rate of 2% per year.

A smart realtor will embrace and engage investors.

Embrace the recycling of a mobile home, rather than hiding anything.

Before I started really crunching numbers and embracing the concept of investing, I thought the best thing I could do would be to pay off my mortgage, so a lot of money got funneled that way.