I am a co-organizer for our local REIA called West Texas Investors Club (WTI).

Be careful though - they are the master "up sell" organization so when you go to a seminar, leave the wallet at home!

I haven't quite gotten the level of comfort to totally place my success on someone in another state, but maybe someday I'll venture out that way..I organized a meetup in Oakland on Jan 16th if you want to come out and see what other people are up to..

How many knew that the ARELLO was an organization of law making officials that influence RE?

My responsibilities should be to find a deal, to buy it, to organize the whole process, to find a buyer, to sell it and share profit between all involved parties.

Jim Sinclair and myself organized the group on the south side of downtown, since many of the REIA meetings are held on the north side.

I would bet that many people who put together structures like this don't properly maintain each of the entities, which, or course, defeats the purpose of having them.Several years ago I looked at investing in a startup that was organized at the time as an LLC.

Basically, what you're doing is the equivalent of a sports car manufacturer claiming their cars have a top speed of 160 miles per hour when they only go 100 miles per hour...and then saying, "Oh, we meant 160 kilometers per hour...we just got our terminology mixed up."

My friend in the OCU (Organized Crime Unit) for MPD says that area is the most gang infested area of Memphis right now.

The profit is derived from the rehab of the property.It is very different due to the time involved, planning, organizing, etc.Now, I recommend any serious flipper use a corporation to avoid some of the employment taxes.