My initial thought of this being in the JOBS Act was that RE was really not the long term job producing business that was intended.

Simply incredible!!!

I recently acquired another one that should produce the same monthly income.

A Realtor/Escrow Agent/State RE School instructor, that guy has an incredible ego.They also left out the appraisal requirements at the seller's expense as Curt mentioned..I suppose every time some RE type mentions this stuff people need to look at their expertise in finance compliance and law, then look to the agenda of that party giving that source of information.Why don't people find out that auto sales and financing is much easier than RE or brokering T-shirts from China to stores can be very profitable with very little cash?

BiggerPockets, Craigslist, Zillow, wholesalers, realtors, newspaper, local REIA etc. 4) About your purchase price of $150,000, I'm sure you already know multiplex is valued based on the income it produces and a market cap rate, but I want to break down your purchase price in reverse so you can see what type of property you might be able to purchase in Tucson for that amount.

Closing was probably not the right term, it was explained as a cost for the attorney to produce the documents for signature.As I'm learning, TMV is something that seems to require an access to a realtors view of the MLS for prior sales.

BP we need help in how to handle these properties so we can properly and legally start producing the correct amount of Cash flow.

It's incredibly valuable to get your story out there, and regardless of people's reactions it will always be something we do.

A seller executes a Warranty Deed or a Deed of Conveyance, it can be several types of deeds, the original deed granting to the seller is not produced of given, title is conveyed by granting by the party in title.

Thank you so much everyone, this thread has been incredibly helpful for me and I am sure for many others.