Another challenge was to raise "X" of dollars in a savings account to cover a years worth of living expenses etc..My next challenge is to see what i can do first..1) Double the profits of my entertainment business2) Earn $9,000/month in net cash flow from Real Estate (not counting the investment property I already own)Here's what I'm planning to do in Real Estate...please chime in with any thoughts and/or let me know if we can work together.

Depending on how you can increase the value.This whole forum is filled with threads on the headaches of inheriting tenants that are underpaying and then trying to move them to a more profitable number.

It’s not sexy, but it’s sustainable (and profitable...).

I work on house with a partner to fix up the house and find subcontractors as needed.When house sells investor gets money back plus profit.Myself and partner split the rest of the cash.Since the house was in my name how do I pay my investor and partner so that the IRS knows I should not be taxed on all of the profits?

Now looking to establish a Fix & Flip compliment in NJ.I am looking collaborate, form partnerships, split profits, and develop long-term consistency. 

for this situation you should get full market for your lot and 20 to 40% of the profit on top  or sell your lot for 100 to 200k more than your asking..

I may also have to re-think my profit per door target using these higher numbers.

Also what is the best way to tell a seller your going to make profit off of selling their home with out them getting upset or having to do a double close ?

HOWEVER, philosophically it's significant because handling eChecks does not cost anywhere near what it costs to process credit cards so this isn't really about costs, it's about profit.

Live in it while you fix it and gain equity and sell it in 2 years to take those profits tax free.