a 9% return on investment, that's not ideal, but it depends on your investment strategy.if we're talking rentals - say out of pocket expenses to purchase a property is $3000 (example ONLY) - and the unit cash flows for 125 a month - that's 1500 for the year.you're roi would be 50% - 1500 divided by 3000 9% would yield you 270 bucks for the year or 23 bucks a month.just to point out the difference.

okay for your first investment - land is probably not the most ideal investment - because it doesn't put any cash in your pocket and there are really no tax benefits other than writing off the taxes.basically cash will flowing OUT OF YOUR POCKET rather than OUT AND BACK IN TO YOUR POCKET - possibly like a rental unit.if you were to start a business - say a pizza shop - now you're just starting out...would you invest in a pizza shop that doesn't make any money and only costs you money to spend on it????

TheTaxMan says that that cost segregation is out of the question for properties (less than a million) because the overall benefit does not exceed the time money and effort required to conduct a cost segregation for accelerated depreciation.But for individuals like myself that like to take advantage of taxbreaks without the burden of accountants, this website is certainly the way to go.I recommend that everyone be quick to take advantage of the website.

Ideally, I think I want to buy condos, hold them, rent, then maybe move them in a few years.

For systems, there are a few companies out there that cater to individual landlords who want to manage properties themselves, helping to find and screen tenants, collect the rents, and manage maintenance.

Not saying thats not a nice a car....)If you're not confident in your car, see if you can borrow a buddys/family member/co-worker.If you are "pre qualifying" people heavily over the phone, you should be showing up at houses with individuals who dont care too much about what kind of car you drive.

The idea in The Secret depicts the universe of our relationships and individual interactions with the world to carry the same principles.

Because carry trade money is usually the domain of very high net worth individuals and institutions.Just curious.Melinda

If I were doing enough referrals or being classified as a dealer by the IRS, i would want a business entity name and structure set up to benefit from tax advantages as well irregardless, but as an individual, I am not required to.

My question to fellow members,is it possible to get 100% financing for Residential REO properties... without the need for such personel docs such as Tax returns,Income,Credit score,etc.I guess I am looking for a True Asset Lender who looks at the underlying property,rather then the individual.....