Anyone have a long enough attention span to actually read that?....

I want to sit back and have tenants buy houses for me. ...Beginner landlords - pay very close attention to those quoted words.

I guess you have to pay attention to tenant-associations and councils...

The more you do, the better you will get at knwoing what homes will need and how much the costs are.Pay attention to kitchens and bathrooms as they can often be the largest cost factors along with AC, roofs, foundations, etc.

So, when we here it again and again from the real estate commission and we get our monthly publication showing us all the names of the brokers who helped out a flipper and lost his license, we tend to pay attention.

This will get her attention real quick.

Attention grabbing = more likely to be read IMO.Don't know if you knew of this, or whether it was deliberately or accidentally omitted - but thought I'd make you aware.

I also liked the comments at the end of the article from readers.$7+ million to "feel" rich sounds high to me.

Businesses are just like any other type of investing.You have to buy right or you can lose money.A few places I look.www.bizilla.comwww.sellbiztoday.comwww.businessbroker.netwww.bizbuysell.comwww.ibba.orgI look in other places and some of the business brokers have off market deals as well.Don't get scared off by list prices.When sellers get desperate enough and want out for whatever reason they will reduce and offer some owner finance to sell.You have to pay special attention to franchise transfer fees,any re-imaging fixing to happen that you will be responsible for,machines at the end of life expectancy etc.Usually offer them a higher price to get under contract and then tear part their books during due diligence and reduce your offer or back out.At that point most are emotionally committed to the process and do not want to start over unless they have multiple offers which isn't likely in today's market.

We made sure we only bought in certain zip codes with a close attention to taxes and either buying on a warranty deed or knowing the full picture of our purchase.