If you are wholesaling, there is a good possibility that you won't ever take title, so your liability is inherently limited simply by not appearing on title.In addition, a real estate attorney and tax accountant I respect, John Hyre, has said many times: Don't spend your money on asset protection until you have assets to protect.This means you should be focused first on finding a deal, not on protecting your assets, which may be non-existent if you don't have the funds to form an LLC.No offense meant, just pointing out a perspective to your situation.

I enjoy this show because you get a good perspective of what kind of property a retail buyer wants.

From a rookie's perspective, the problem with you "more advanced" guys telling us rookies NOT to buy programs and to spend hours here....etc... is that it can take YEARS to filter through the garbage and if you go and "learn" by following some garbage, you just may be out MORE than $15k if you really screw up.So instead of telling us NOT to waste money and to scour the pages here... how about directing us to a simple step by step learning process that is ultra conservative in nature that will allow us to make a deal, and maybe make some money, or better yet, if you really feel charitable, consider taking some of us on as apprentices and let is work for free for you while you let us see behind the curtain some real deals go down.It's frustrating to be told to jump into an ocean of knowledge and make a go of it, it is at the very best, AS RISKY as buying a course at any price mentioned so far.

Forgive me if this is a really newbie question (well, I am a newbie :mrgreen: ), but what is the best option to go with when redoing flooring on a rehab project, both from a cost perspective and resale factor--carpet, tile or laminate flooring?

Perhaps you might think it's foolish to invest in classes but from our perspective we had nothing to lose.

This is an interesting read - an Irish rock star's perspective on why Obama won the Nobel and the rebranding of America ....http://www.nytimes.com/2009/10/18/opinion/18bono.html?

Rich,Sorry, I don't have any hard figures to give you; just some random thoughts that might get you thinking harder about this.Try to look at it from the tenant perspective, to see how much they might be willing to pay.For example, there is cost of moving.

They are quite excellent and give you a different perspective to look through that I believe is invaluable when dealing with risk.

You could also bring a unique perspective to the business that most agents without disabilities do not understand and with the huge baby boomer population there is a high demand for single story, no steps, etc. properties.

I pride myself on being able to offer solid market research, sharp leasing performances, personal international relations and perspective, and dependable management services.