Still learning everything we can about how to, but man does this seem like the thing to do.Anyway, really looking forward to becoming an active member of this site and learning from as many of you as I can.

That's a variant of the 1% rule I've heard numerous places.

If you want to make a deal before the sale, you need to get in touch with the owner.Note that you will be one of dozens or hundreds of investors that make contact with such an owner.There are numerous books available on how this process works.

An LLC is a right choice for Rental Real Estate activities, but not for Rehabbing or a flipping operation such as yours.Joe

He sees all of his kid's ball games, activities, has lunch with his wife 3 times a week, etc etc.

You would want to keep track of the location of business activity by state so you can file the proper state tax forms when they are due.Originally posted by "mills014":3) I am married.

I am currently an active duty Marine and living in Southern California.

I have put in numerous offers and am continuing to look at them simultaneously.

Basically, it means you must spend at least 750 hours/year doing real estate related activities, or more hours than you spend doing anything else.

We build single and multi-family homes as well as large scale subdivision development.I'm looking forward to interacting with your active membership and introducing those of you unfamiliar with our little slice of paradise to the Emerald Coast of Florida.Wes FontaineEagle Building & Development