The Rich Dad Guide to Real Estate Investing states that lease options are a good way to buy a property with 3% to 5% down and then turn around and charge higher than market rent while tenants are considering purchasing the property.

Thanks for all your valuable input.I'm going to start next week by calling some title companies from out of MY state area to see what assignment contracts they use.

I believe this will be a valuable networking and learning venue!

But this is a new thing for you, and the inspection would be very valuable.

- then they come back around in a month or two with a whole new round of free seminars - you completely did the right thing - use it as a tool at first, but don't invest in it as your one and only real estate bible - the cost of these upper level seminars can really take a valuable chunk out of a beginners cash for deals - just my opinion, I'm sure it has worked for some people - good luck to you - Ryan

Evey day you keep a dollar in your pocket it gets MORE valuable.

[REMOVED] is a website which provides information relating to credit and credit repair. [REMOVED] also provides information and tips on how to maintain a good credit score with links to resources to help you with your...

So someone anyone with experience please guide me and list any critical mistakes you learned to avoid.

Agreed, Will, the depreciation deduction is still valuable.

-Steven the Tax GuyYour guide to IRS laws, rules and regulations