Hi all,currently working on a deal with a house that has an issue with the main water pipe going into the house from the street.

You have two main criteria as noted above.Originally posted by "MikeOH":What matters with an investment is whether you make money (or NOT).

I actually prefer working with buyers though because it makes me more on top of my game and familiar with trends in the different areas and since I work mainly with investors, it makes me able to represent my clients better.

If you think you were a victim of New Century you will continue to not see the person in the mirror who is the main cause of your problem.You did not do your homework.

Rich Dad is a good start, but it is mainly theory.

the owner just had a stroke and has other properities. this one is the only fixer-upper, he basically just wants out. i,m taking an equity loan on my house for $40000 for down payment, closing, and a small credit line(about $12000). my main concern is the labor charges of contractors in my area. the on-hand cash would enable me to get local handymen and cheap laborers to cut into alot of the cost of teardown and disposial. also a friend workes for a local home builder and is willing to do alot of the drywall work and floors on the side.

So I'm thinking of calling sellers out of the classified ads and using realtors as my two main strategies at this point for my first deal.

My last PM seemed to feel that several day turnaround was adequate and that's the main reason they are my ex-PM.

The main reason I want to get out of here is it is not a great place to raise a family and I have a 16 month old son now.

A series LLC charter is $750 to start, $50 for each certificate of designation (for the series names) and I can't tell if each of the series has to pay the annual report fee or if its just another $250 for the main LLC.