I pay a professional to do my taxes and the fact is that every year for the past 5 years, I have not owed taxes on my rentals.Mike also invests in areas in which he carries a fire arm to the site, is faced with crack heads and low lifes (as he states in many posts on BP as well as his own blog).

If you need to be a property manager, deal with difficult tenants, drive long distances to your properties, etc, you'll probably want a higher return than if you just have to sit back and let a professional PM manage your property. 3) How much does the investment money cost you (cost of capital)?

I'm the owner of Professional Bird Dogging, LLC and found this forum on google search.

Earlier this year I purchased a home on the advice of two real estate professional friend of mine.

Are you a tax professional or do you plan to hire one to help you keep some of this money?

It helps them to determine if they are wasting their time with you or not.If you show up at a different Realtors office in professional attire and ask them to show you properties they most likely won't even think about asking for proof of financing.

I have spoken to other investors and they are telling me it's time to dump her and find someone who is willing to trust me as a professional.

It is always a good idea to align yourself with a few real estate professionals in your area that understand real estate investing.

Great advice GoGlobe about the email lists and about the professional organization contacts.

;`(C) be completed by an appraiser who meets the competency requirements of the Uniform Standards of Professional Appraisal Practice;`(D) be wholly consistent with the appraisal standards, practices, and procedures under section 202(e) of this Act that apply to all loans insured under this Act; and`(E) comply with the requirements of subsection (g) of this section (relating to appraisal independence).`(9) DOCUMENTATION AND VERIFICATION OF INCOME- In complying with the FHA underwriting requirements under the HOPE for Homeowners Program under this section, the mortgagee under the mortgage shall document and verify the income of the mortgagor by procuring an Internal Revenue Service transcript of the income tax returns of the mortgagor for the 2 most recent years for which the filing deadline for such years has passed and by any other method, in accordance with procedures and standards that the Board or the Secretary shall establish.`(10) MORTGAGE FRAUD- The mortgagor shall not have been convicted under any provision of Federal or State law for fraud, including mortgage fraud.`(11) PRIMARY RESIDENCE- The mortgagor shall provide documentation satisfactory in the determination of the Secretary to prove that the residence covered by the mortgage to be insured under this section is occupied by the mortgagor as the primary residence of the mortgagor, and that such residence is the only residence in which the mortgagor has any present ownership interest.