I don't think Armando would be caught dead at a free event even if it was in LA or Texas!! 

http://www.reuters.com/article/2014/12/29/us-usa-massachusetts-crime-idUSKBN0K71DF20141229This is a terrible story I just read, and it got me thinking about how some people who flip houses on this website have flipped...

Note, however, that exchanges of corporate stock or partnership interests don’t qualify.

little bit more. on my rentals I buy the same faucets and keep one as spare, I then call the companies and order replacement cartridges for all units and keep them as spare, so if I ever have a problem, I have the parts in stock to repair or replace the unit.

After the FJ of 12/13/2012 everything stopped dead in its tracks.

Our target for this unit is to average <$100/mnth in energy costs when it is rented.If a turnkey operator is providing "full gut" rehabbed properties for 40K (likely buying stock at 20K), the incremental costs to address the envelope (insulation, air sealing, fenestration) is marginal while things are gutted.  

I'm steering clear of the stock market or any conventional retirement vehicles like IRA or 401K or anything attached to the stock market, because if the bottom falls out, I'll be fine.

No one can predict where the stock market is going. 

Pictured above is lovely old home located dead smack in the middle of the BIG city of Houston... looking at the lot and the ENORMOUS trees you would never think so! 

They then take the rest of the money and invest into something like the stock market, and pays the owners a management fee.