This is a sickness that newbies often suffer from, but I had been at it 27 years and bought and sold close to 100 properties!

Plain and simple.

My CPA said it makes his head spin all of the companies that are running out there with bootleg LLC paperwork.The process of getting the name is disgustingly easy though, it would make you sick if you paid somebody to do it when you found out how little it was.

Moya's lawyer may find something in the law books to get him out of it (like waiver under sick company, etc)

I know everyone on this forum is sick of hearing me say it (I don't plan on stopping by the way), however you need to learn to invest without using any of your own credit.

In fact you do yourself a disservice when you promote a product over and over and over to the point where some will get sick and tired of it and not buy.

Originally posted by "MikeOH":If you own a lot of rentals or even a few over time, your numbers will trend toward the average.First, I absolutely agree that the 50% rule is a valuable tool for doing an initial assessment of a deal...But, that said, the statement above is just plain incorrect.Mike - You'd probably agree that across the hundreds of thousands of SFH investments across the U.S., the average purchase price for those properties is around market value for their location (in fact, you'd probably agree with this almost by definition).

Some people in this world are just plain schmucks.

They certainly felt he was knowledgeable and passed the "smell" test.I'm sick of going to real estate investment club meetings where gurus who look like contractors are charging newbies for know how about real estate.

There are boxes in my garage at the moment that are full of things that we have moved three times-- but never unpacked.It makes me sick to think that I gave a piece of my life for those things.