When I learn how to post plan, I'll post the final plans or just e-mail them to you or Mike.

As demand increases and the economy improves, so will real estate prices.My research indicates that if done properly, the yields will be between 15 - 20%.

Having your 1031 set up properly using QI, type of loan used, etc. goes to intent as well.

This means putting some money upfront into some things a tenant won't pay you a nickle extra for, because they just expect things to work properly and safely.You can buy a bath lav faucet for $12.

A buyer may not be able to obtain financing if proper permits were not obtained etc.

I talk to hundreds of people who talk the talk, but do nothing more than "gettting ready to get ready".Wholesaling real estate when done properly is a Low risk game.

IF the IRS has been properly notified by the foreclosing entity, the IRS can step in and REDEEM the property for the amount owed from the current title holder for a certain period of time.

There is no one book, or one source, other than an experienced professional, that can begin to provide enough localized information to enable you to make informed decisions.Expecting that all "Real Estate Professionals" should be able to properly advise you regarding investment property is like expecting all Doctors to be able to perform heart surgery, or all accountants to know the intricacies of the tax code.

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.

e.