We will be advertising the homes on the base as well as in the local papers of the closing bases to receive pre-approvals for rentals or buyers.BTW, Walmart has built two new supercenters and renovated one Walmart into a supercenter that are all within 15 miles of eachother.

I'm really glad to see another younger person involved in real estate and investing.I pretty much have the same situation as you, my mother is supportive, and no one in my school of 2500 students has a clue what any of this is.I'll tell you, from my personal experience, people (most the time) view you as a very driven individual and are impressed.Ive yet to receive a negative experience due to my age.unfortunately, I'm only 15, but my mom is willing to sign my contracts and basically be my business partner.Starting out young is the best thing you can do, you can re-invest many of your profits since you don't have debt or a family to feed.Congratulation's on your investments ($5,000 is pretty decent for 17)and keep learning.

Do you have a copy of the counter-offer that your agent received?

There are enough funds in other accounts for them to receive the $1,000 per month for about 18 months, and then they would be looking for money out of the house.

It probably has been filed already so you will have to amend your returns and you will probably get a loss from the condo from what you have said and will receive a refund for taxes paid in most scenarios.feel free to contact me privately if you like.Joe

One of my renters received a preapproved credit card offer to the rental house.

Heads up people who own a cell phoneCell phone numbers going public todayREMINDER....all cell phone numbers are being released to telemarketing companies tomorrow and you will start to receive sales calls.....YOU WILL BE CHARGED FOR THESE CALLSTo prevent this, call the following number from your cell phone:888-382-1222.It is the National DO NOT CALL list.

I say that all for 2 reasons: (1) see how you really feel after you have received and paid a mortgage payment again a time or two, that will test your comfort zone without risk. (2) by doing just that alone, odd's are you will be profiting quite a lot, between the new interest being earned and the tax break for the mortgage interest.It's easy to think you will be ok, but when the money is out riding on a deal, I have seen many people come loose at the seams with worry.

You want to run your business like a business.If you have to collect a few checks in your personal name so be it but like Mike said, there are tax concerns.I'm not an accountant but that money will be taxed differently than if you received that money from your corporation AFTER expenses (stamps, paper,envelops, bandit signs, advertising, gas, business cards, seminars, etc.)are paid.Amerilawyer.com offers the benefit of reduced online pricing as well as legal counsel.

I received a number of phone calls for hard money from all over the country, all within a short time frame.