This is also a great time to enact things for tax savings during that year rather than playing the "If Only" game in the spring.If your tax preparer doesn't offer tax planning sessions in the fall, find one that does.  

Banks are at their old games again... loaning to people who shouldn't be buying houses, underwriting amounts that are outrageous and packaging and selling of off mortgages based on debt class.When I appraise a house I toss out the outliers (the lowest and highest sold) I then use comps like anyone else would.  

The objective of this post is to unite all other young investors who are new to the game.

There are many diverse fortune 500 companies here that tend to not lay people off in massive numbers, and that keeps the local economy fairly stable.

It might be a good idea to have a written partnership nuptial.I understand how it is to be busy with all of your businesses.Some of my businesses are; Real Estate Management, Auction Company and Investment partnerships.I do find time to practice my art.I guess it is OK to announce my art show, all sales go 100% to charity, The Smile Train.www.auctions.investorsunited.com to see the bidding process and view the paintingsAlso on Flickr at www.flickr.com/seeparrishartBrandon, I think it is important for people like us (managing lots of businesses, lots of stress and controlling the moving parts) to have an escape, a diversion, a creative outlet, a mind break from businessWhat are your thoughts on that?

The local listing agent and property preservation company will have to agree that the new damage is actually new, so it's not easy to get away with bogus damage.There are some games you can play with the contract to get more than their 48 hours, but not a ton more time - usually another 2 days max from my experience.  

The logistics of buying something, renovating it for an unknown variable cost and then (hopefully) selling it, for a profit mind you, before the carrying fees eat up your profits is a scary game.

You would still owe the same amount either way, but BOOM now you have NINE financed properties and can still get #10 Fannie/Freddie and avoid the 7%.There are also games you can play with putting the property and debt in your spouse's name alone (we're a community property state in CA so it makes little difference so long as you're married), with shoving the smallest debt amount into commercial, and a few others, but rolling your lowest mortgage balance into the property that you have the most equity in is the most commonly successful technique.TLDR: You can shove as much debt into as few properties as possible to avoid the 10 financed properties cap.

A lot of the typical guru info out there would be illegal in Ohio, but SSU will teach you the rules of the game so that you are not breaking laws.

I know this is not a get rich quick type of game.