To answer the question from phcapital, yes, you do get tax benefits of depreciation with a TIC as well as regular income distributions from rents.As stated earlier, they are ideal for someone who wants to have ownership of larger scale retail centers or office buildings they otherwise would not have access to with the amount of capital you have to invest.The only tricky part about them is the exit, which was also stated earlier.

What he doesn't mention in the presentation, which includes a demo. of the impressive-looking product, is that for $2K you don't actually get the software to load on your computer, you access it on the Internet for a "modest" fee of $69.95/month.

I have been for years looking for software system that allowed everyone on my team to access it and add their information without seeing what they shouldn't.

I use to work for H&R Block so I am also up on tax consequences in most cases.

I have access to a 6-8 month hard money loan so we can offer cash and closing within a matter of days.

I have been coaching some new investors over the last year and decided to start writing down the basics for they and others that I can share with in the future.I have addressed some of my own frustrations as I learned the ropes but my experiences are of course different than what others have experienced.I would love to hear what you found the most frustrating or what was your biggest road block to getting started in real estate.Thanks for your insights!

They in turn lock your credit and give you a pin number that is needed to access your credit.

It will only take a minute of your timeIt blocks your number for five (5) years.

As such, if you don't have access to the MLS, you will have no way to know what forms they require for their offer (many require modified versions of the standard state contract).All that said, if you really want to try to go it alone, here's what I would recommend:- Call the number for the brokerage and ask to speak with the agent who has the property, or ask the person who answers the phone who has the property;- When you get the agent, ask what forms they require to submit an REO offer and where you can get them.

Find an agent or someone who has access to the MLS in your area.