Hey guys!  Need a little bit of wisdom from the community.  Finally pulled the trigger on our first duplex and we are excited about that.  We are currently in the inspection phase.  We did a radon test during home ins...

Is there ever any reason to put intended beneficiaries on the deed rather than in the will?

So, basically, I would buy myself a salary (income stream), albeit larger than what I make now, and we would then invest our savings in real estate with an eye to the future. 

You never know, she may stay there 10 more years and pay down 1/3 of the mortgage for you without you ever having to replace carpet, paint, etc.  :-)Sounds like a decent deal.  

But like nice larger things like house and vacation houses

Today I was at my Business Finance Course and we were talking about TAXES; my professor who shall remain nameless mentioned that "only ~1% of all taxes filed are ever audited" before he said that he was discussing tax deductions and how you can "tax deduct lawyer and attorney fees on business related expenses"(contract, legal and financial advice, etc.) 

Anyone ever use this company?

This is important to show your lender so you get credit for your payments towards your total DP at the time of closing.This will buy you time to get the rest of the funds, and also lock up the property.If you negotiate a longer Option period than from now to 4/18, you will have a longer time to get your funding in place, and get a larger total DP credit.

I started with one duplex and now own 1250 units (mostly larger apartment complexes.For now, I'd say keep your powder dry and get more education through some very specific books.Sound good?

If you allow her to stay there it is not going to ever get better.