We can’t advertise, but market ourselves by attending a handful of the local REI clubs each month and spend time socializing and getting to know our borrowers who, in our case, are local house flippers.

Because its income from self employment, you also owe the medicare and social security taxes aka SET or self employment income.

These include social security, medicare and unemployment.

I put together a presentation that is designed to show our users some strategies for successfully using the website . . . whether you're a new member or a long-time user, there are tips here that will come in handy for most of you.Please take a few moments to check it out and let us know your thoughts below:Effectively Using the BiggerPockets Real Estate Social Network to Build Your Business

It all depends on the tenant base as mentioned.The bad credit ones will wait and see if you pay the money to file eviction and will not care about the notice you give them.Make sure in your lease you have language that states the security deposit CANNOT be applied to last months or any months rent.If you do not have that in there you can be in trouble.Sometimes if the tenant is a good tenant that falls behind the landlord will let them apply the security deposit to catch up that one month if it makes sense.You need to get an written agreement in writing though signed by the tenant authorizing this.With college degree highly educated tenants the job is more stable,they have reserves for bumps in the road,etc.This is not always the case but works in your favor with percentages.With lower income the education tends to be less,they work 2 jobs to pay the rent,the rely on multiple incomes in the house hold to pay the rent,charity assistance,government programs,etc.The cash is more but you are almost a social worker and the drama that comes with it can be too much to deal with at times.

There are plenty of people who meet the description that you're looking to network with, but you probably want to let them know who you are, what your experience and expertise are.I think this presentation will prove to be helpful to you: How to Use the BiggerPockets Social Network To Build your Real Estate Investing BusinessI look forward to learning more.

Here's a presentation that might help you find better results here on BP and elsewhere online:http://www.biggerpockets.com/renewsblog/effectively-using-the-biggerpockets-real-estate-social-network-to-build-your-business/I hope that helps.

It has been socially acceptable to skate on your obligations and that is a shame.

Be sure to join RICH club in Houston, I did many deals from contacts I made there through the years - great place to learn, network, and socialize!

I'm sure there must be someway to account for it, but I'm not sure what it is or what information is needed (i.e. do I need the person's social security or tax ID #).