Although I accumulated most of my wealth in a different way in real estate than Nickerson suggests, I still believe that it lays out as clearly as I have ever seen how one can accumulate wealth in real estate investing without doing anything extraordinary - just hitting lots of singles over time.

Additionally, I recently saw a jumbo loan matrix with price hits for stated income.

When you bid one loan, it is really a hit or miss.

@Rafael Floresta I haven't seen anyone bailing out because of it but, depending on how low your old assessment was, I'm sure it can be quite a hit for some.

That would mean you would need to have a corporation too.If they were to pay you w-2 income, both you and they would get hit with a bunch of additional withholding taxes.Or maybe they could just become your private money lenders.

I also upgraded the windows to energy efficient windows and had to find a new window supplier after mine unexpectedly closed up shop a couple weeks before the job.

He was hired straight out of school, but when the recession hit a few months after he was laid off.

Be sure to hit me up when you get out here.

I found out where they bought and then hit that area for a deal.I had database #1 wholesalers #2 rehabbers #3 landlords #4 retail end users.

And still further, if you have a good paying day job, you may already be hitting the limit for social security tax.