What I'm about to say is my opinion based on several factors; a. experience in reviewing thousands of RE transaction with respect to lending issues. b. legal aspects from personal experience and formal training and c. subjective judgment in applying learned experiences.

Help you define the appropriate business structures, both from a legal protection and from a financial/tax perspective Help you create a tax strategy for your business that will allow you to legally keep as much money as you possibly can Help you make smart decisions with respect to your individual real estate investments Prepare your annual tax returns Recommend other team members (attorney, insurance agent, real estate agent, etc) who can help make your business a success What are your credentials?

While Im there I would LOVE to meet up and have lunch with some of the local investors there to discuss the market on that end and establish some relationships.

;) Amit, your insurance should not be set with respect to your net worth, that's irrelevant, unless your net worth exceeds the risks assessed, it needs to be established as to the risks and issues mentioned above.As mentioned an insurance company can pay and walk away, if your loss is greater than that you're dipping into you money.Consider too, death cases are based on the loss of income of the injured party, professionals will have a greater value assessed, which means more insurance coverage would be justified.If your net worth is in 8 figures, you're probably fine, otherwise you may want to review your coverage, liability coverage is cheap. :)

I won't ever work with someone who cannot respect business ethics.3.

First, I set changed my financial mindset and established workable goals.

deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $850/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1100/month, market value is $160,000, plan on refi into better loan in 3 months#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $700,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.

@Michael Walker glad you like the pitch :) I don't market to expired listings, so I couldn't comment on your next move with respect to expired listings.

Brian - If I were ever to start a contracting company (and I've considered it), that's exactly how mine would be as well...so I certainly respect that!

My partner and I are in the final stages of establishing our company.