Given that an FHA loan has an occupancy requirement, after a year of living in the purchased unit, I would move out and subsequently collect a healthy cash flow from tenants.Once finished, I aim to wash, rinse, and repeat the process all over again I know this is easier said than done, but I'm going to try to get pre-approved for a loan in the next few months so I can pull the trigger when the time is right.My goal:To create a $3,000 per month passive income stream from my property portfolio in five years.Thanks for reading my post and I look forward to hearing from everyone!

I have a meeting coming up with private lenders and I need some material/slide ware to build up a presentation for them in order to raise funds/private money in Real Estate Investment.

In fact, your first year "paper losses" should be large enough where you'll have passive-losses that will need to be carried into subsequent tax years, despite having positive cash flow.

The fees paid for an assignment (wholesale) is little different than any marketing dollar spent to create a call to action and subsequent reaction.

If you can't get a mailing address on there you're stuck with a bunch of cards the postal service won't mail out.In order to find that space I would restructure the first slide, which I assume is the back.

Use a reputable trusted marketer....Only other thing I can think of would be to slide a few of your own addresses in the mix and see if you receive the letters.

In such event, no action shall be entertained by said court or any court of competent jurisdiction if filed more than one year subsequent to the date the cause(s) of action actually accrued regardless of whether damages were otherwise as of said time calculable.22.

There was one slide about some mastery program and one-on-one coaching and if you'd like to get interviewed about joining their "team" you can apply before you leave.

I found some really good reports/slide decks that illustrate how even the tiniest of changes can increase or decrease response rates:http://www.the-dma.org/whitepapers/TestingDMWhitePaper-GAWrightFINAL100305.pdfThen some metrics about direct mail:http://www.ruthstevens.com/pdf/Allegra-DM-White-Paper-FINAL.pdfHead on over to Sharon's blog and watch her video interview with Joy Gendusa of Postcardmania and then pick up a free copy of Joy's e-book on postcards and direct mail:http://louisvillegalsrealestateblog.com/amazing-entrepreneurs-interview-with-joy-gendusaDan Kennedy has a ton of books on direct mail marketing that are filled with some excellent points - if you have an Amazon Kindle, you can check out some of his books for free - start with the relevant titles first.I've got two more months of postcards queued up before I can start doing any real testing, but I was able to expand my list to just a little over 7500 names, split it into 4 groups of almost exactly equal size.

However, after THAT 3 day IRS audit, I somewhat survived, the wife insists I go to her accountant from now on to relieve her stress.Doing your books monthly gives you a wake up call to financial issues that many let slide & I personally want to stay in tune with the intricacies of RE investment tax issues.