Once they get their footing they then form some type of corp., or at least they should as there are some risk in this business.I also would have to agree with Karen Margrave, avoid the "$997" programs.

However, I am looking to jump ship from the corporate world by the end of the year and trying to figure out how to accelerate my business.

After two decades in the Direct Mail industry, working my way up the corporate ladder to Vice President, I lost my job in late 2012.

Hi BP Friends, I would like to setup my investment property under an entity or corporation.

If your "Business" is a corporation, LLC or other type of entity separate from yourself then absolutely any money paid to the company should go into it's own account.You put the deals under contract in your name.

Question: when you are looking at the quality of the investment, and say the Dollar type stores are horrible investments and the Applebee's (DineEquity) are good investments are you layering in the corporate risk?

It's $1.7M, and I only need this amount...I'm thinking $605 - $610 for closing costs [title company and due diligence, legal fees, renewing my corporation paperwork, etc.]."

All in this has summed up to about 12 years experience owning and land-lording . . . really as an afterthought as I got my full time corporate career going.I'm currently in the process of selling my primary residence as well as my rental unit in Virginia, and it's made me realize that I love this business and want to devote more mindshare to it.My goal is to buy and hold in Philadelphia and the surrounding area, generating some cash flow.

I have been on here for about a month and don't believe I have introduced myself...I am from Minnesota but got transferred to Indianapolis for my corporate position now 3 years ago.

I want to get out of the corporate rat race at some point and aquiring solid assets seems to be a good way to get there.