Ever wonder how Donald Trump strategically goes bankrupt so many times and yet he is personally very wealthy?

The challenge is a strategic personal residence short-sale on his record from just over three years ago.

If you plan on purchasing more houses in the future, strategically set aside seed money for your next purchase, build your cash reserves, pay-off (or down) this house so that it cash-flows and leverage that money (after saving 50% in a contingency fund for vacancies, ect.) into buying another house.An alternate path to consider:http://www.biggerpockets.com/renewsblog/2012/12/12/make-a-million-dollars/Let us know what you decide, and keep us posted!

I don't believe it is possible for us to formulate one regardless of how many people contribute and how successful they are in their own markets.

And good for you for staying flexible when the market is changing, and not just execute on a previously formulated plan, because it existed already..

Webb.In any case, do you think Sparta is more strategic than Cookeville as far as investment properties?

I started in the "ocean" and had actually avoided the "pond" for years, but after the influx of new investors within my metroplex, I re-strategized my marketing efforts.

@Kirsten Marino so right now that's where I am i have been trying to network more, build greater relationships, been formulating more ideas on finding deals around town, I have been working with my realtor who has some connections but still learning.

Myself though...I'm a guy who will always leverage financing strategically.

How do you formulate this lease?