Thanks Mike C, you got me thinking a lot more about my network and it is much bigger than I sometimes realize.I am actually really lucky that both of my parents did very well for themselves so naturally our family spends a lot of time with other successful people.

:mrgreen: Maybe I am way off base and a little crazy, but I have just accepted the fact that all of this is human nature.

So, why would you concentrate on a seller who is tight or greedy, feels they nhave adequate knowledge or can get help as they need it (attorney, who you don't want to deal with) and who usually lacks motivation???

actually, you can sometimes roll a 401k into a roth....my old company offered a roth 401k. naturally, i rolled that into a roth ira.taz and ralph bring up some excellent points (and bother are correct). you want to look at your individual 401k investment options to determine if contributing is worthwhile.personally (and i am a licensed advisor), i contribute only enough to get maximum matching contributions in my 401k and then max out my roth for the year. i then take the extra money and invest in taxable accounts. my 401k fees are not in line with my investment goals so i take my money elsewhere. it should also be mentioned that you can have a self-directed ira and can virtually invest in anything. as john said though, you will need to find a specific broker that will allow you to invest in real estate. not many do.good luck!

Books to start off with...Any Real Estate books by Wade Cook... they are very fundamental in nature...Creating Wealth by Robert Allen..Also, several friends of mine have some great books...Bronchick on flipping real estate, Mike Butler on Landlording...

This gave me better tax breaks as well as better liability protection of course I had adequate insurance as well.

I'm sure you know the adage: there are 3 sides to a story the 2 opposing views, and the truth.It's my nature to read a lot of stuff, formulate my own hypotheses, and to test them.

On the contrary, a foreigner's taxable U.S. estate only includes U.S. situs assets.[1] The definition of U.S. situs assets includes real property, but excludes some intangible property such as stock in foreign corporations.The estate tax is currently levied on the estates of natural persons at a maximum 45% rate, increasing to 55% in 2011.

So, the natural progression for anyone that actually starts as a bird dog is to rapidly move to being a wholesaler.I'm not putting down bird dogging, I just don't think it exists on any significant scale.Mike

The sprinklers do work, though the coverage isn't truly adequate, nor is the entire area sprinkled.