I am new to real estate investing, I have not talked to a lender for pre-approval because I am in the beginning stages of learning.What is the best business structure to use for a rental property business, Sole Proprietor, LLC , or corporation?

I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book):  Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”Everything up to this point was clearly explained on how they got to the number, except this $65,000.

We know there are other STR owners blocks away from us and theirs opportunity to meet them as well as other business owners?

Yes, all of the above, some people will continue to pay for a full service agent, some people will pay for a discount, some people will forgo agents all together, I think we will see alot more variation then we currently see, but just like any other business there will be tiers, Ritz, Marriott, Courtyard, Fairfield inn but for agents. 

My renovation business -    of these previous 18 homes produces 120k/yr salary. plus ~100k/yr equity added. monthly Cashflow increase of 2100-2400 each year (approx 30k cash flow increase per year).    

One thing I haven't done that I really need to do is put together a business plan, even a rough draft would be good to keep things in perspective and measure progress against.Hope everyone has a wonderful rest of the week!

Now if he gets you by the hand and shows you how to buy with no cash and credit, and you are able to buy, then his snake oil is worth it weights in gold, but he will have many excuses his business is selling snake oil not real estate.

I met a private mortgage broker through the forums that told me North Dakota is very restrictive. 

I'm here to build a business and run the marathon in the right way and however long it takes.

Hi guys, so if i use my business credit cards with a liquidator to turn credit card into cash and i use that money to invest with, when i go to make payments to pay back my credit cards is that money i use to repay the cards taxable???