Mostly because of the 1031 rules.You do not need to use a TIC when you want to do a 1031 so do not confuse the two.A TIC will not have a clear exit path if there is 1031 money involved.

Again, you're going to need a lawyer (and money to pay that lawyer.)Family's involved, so there are going to be hard feelings no matter how this comes out.

Actually, they are carpet rectangles.We buy them at the odd lot stores (such as: Big Lots or Ollies) or at the box stores (Home Depot, Lowes).They almost always have a pattern that isn't selling well on sale.

I personally believe that you cannot get involved in these situtations.

It also lets a criminal investigator identify a pattern and who engaged in the activities plus the sums involved.

I'm really glad to see another younger person involved in real estate and investing.I pretty much have the same situation as you, my mother is supportive, and no one in my school of 2500 students has a clue what any of this is.I'll tell you, from my personal experience, people (most the time) view you as a very driven individual and are impressed.Ive yet to receive a negative experience due to my age.unfortunately, I'm only 15, but my mom is willing to sign my contracts and basically be my business partner.Starting out young is the best thing you can do, you can re-invest many of your profits since you don't have debt or a family to feed.Congratulation's on your investments ($5,000 is pretty decent for 17)and keep learning.

Is this a realistic pursuit based on the required dependence on Always being my credit involved?

arm reset in october '07 and there is also a health hardship involved.

I was just looking for the same, glad to see more are getting involved...I am in Anchorage,alaska. a new private investor.so am looking forward to my pm....

We just recently got involved in the bulk REO game (by sheer happenstance I might add) and am looking to learn all I can about this niche industry.When I'm not working in RE I volunteer as a consultant for SCORE which is a small division of the Small Business Administration.