at one point I had 11 houses and couldn't get anybody, accountants or bookkeepers, to give me the real numbers.... so I took over few years ago with my excel spreadsheet, directly from bank account, and split between the houses, so I can give my investors a report...However, for accountants, they don't like that, and want to bring me back to Quickbooks... and NOOOOOO WAYYYYY!!!!  

I recently started a direct mail campaign in Washington DC, and I'll be visiting my very first lead's home next week to make an offer.

If anyone has any good books or websites they can direct me to that discusses real estate, business, or financial education please let me know.

I had thoughts that "legitimizing" my business would be a smart first step.a.k.a. making a website, having business cards, getting a separate "business" phone/voicemail to answer prospective leads inquiring about properties or offering them.Would anyone suggest that this is the right direction to go before spending money on direct mailing campaigns/driving for dollars/running advertisements via craigslist or any other source?

Most people that I’ve had the opportunity to do business with use the percent of property value because it ties directly to the cost to repair the physical asset, whereas rental income can vary significantly in relation to the cost of repairing the property.

Anyway, good luck to you and feel free to reach out directly if I can ever do anything for you. 

I am trying to complete the application for Trade Name and on question #4 its asking me, Do I have a personal property account ( " L " number) and if no it's directing me to complete an annual personal property with the State of Maryland Assessments and Taxation Department and I have no property to report at this time.

Not sure how to even go about finding a private lenderJust hoping someone can help me set off in the right direction.

We will be happy to help you with more information If the wholesaler plays hardball with your earnest money, go strike a deal with the seller directly

This means that you two work out a deal where you pay your monthly mortgage directly to the owner.