Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision

If you look under his original company names youll find even more lawsuits and warnings against doing business with him online.

I currently just have a 2-door honda that I will use for business travel/managing the rental.

I too am someone new to this business and hopefully leaving my full time job one day to pursue investing only.Good luck on your duplex and many more!

This is a great idea if it is possible!

Hello all,I’ve recently started a new junk removal and handyman business in Northern Virginia.

It seemed like the most logical way to get into real estate, and my partner was more experienced in business than I was at the time so it was a no-brainer.

Let's say you rent it to an operator, and their business fails, but they leave all the residents in place. 

As a lender, that is a much safer business decision than offering you a 5% interest rate mortgage, with zero equity.

They only allow basically 1 business day for payment at the PBC foreclosure auctions.