Plus an entity's purpose is to protect your personal assets from business liability (or to segregate business liabilities as you grow), so unless you have quite a bit in personal assets when you start out, an entity isn't even worth the hassle yet.

Lets call it growing pains.That said, as we move forward, we will be upgrading our equipment to prevent this from happening again.I want to express my deepest apologies for any inconvenience this crash may have caused for any of you, and hope we can count on your continued support as we move forward in the future.Sincerely,Joshua DorkinFounderBiggerPockets.com

Think and Grow Rich is an old title yet The Secret has done rather well.

While you are likely postponing the inevitable tax, at least you can grow it a little in the meantime.

RE is not a market with great liquidity or with substitution (1 house is not exactly the same as another compared to 100 shares in a company being the same as 100 shares of the same company).You do need to know your market and you do need to adjust to local conditions as they change.RE prices do not fall all that rapidly.

Sometimes you have to wait on them for a long time (hence the deal above) but its sure worth it in the end.Take it from a former asset manager, with your system of staying on top of prices and timeframes, and making strong offers when the price is right, you're really on to something (as evidenced by your 9 REOs and growing).Congratulations my friend and thanks for sharing this valuable and inspiring story.

Hi,I'm new here and thought I'd introduce myself.I'm Stephanie and am a real estate investor inIndiana who deals with wholesale deals throughout the US and sometimes abroad.I'm hoping to grow my knowledge here and maybefind some deals.Chow.Stephanie :D

Hence you are re-investing the profits to grow the business to a more sustainable level.Like a start up company you have to put in money to get things off the ground.

McDaniel said at the plea hearing.The 2005 overhaul of the law penalizes misconduct by foreclosure consultants, a growing field in a troubled real estate market.

If you are trying to grow, then you will want to focus you energy, time, and money in an area that you are an expert in.Good luck in your investing.