We're doing the same thing finding houses lower pirced but good stable neighborhoods.

I think some of these "Gurus" share our e-mail addresses.It seems that we may like a newsletter or sign-up to view a video, & before you know it, you get all these other, similar, e-mails from others who are probably their "Guru Groupies" or "Proteges", trying to sell me their program.

@E

Since this LLC is a disregarded entity, report your income and expenses on Schedule E as if the LLC did not exist.

Brianne Moseley, You contacted Rich Weese and I in the same e-mail soliciting us for real estate articles, offering $5.00 per 400-700 word article - and then solicited us to buy an informational product you said would generate $10,000.00 in a 6 week period.

I'm guessing 2% is not going to happen in Boston outside of picking up a meth house on the cheap.I like to buy properties in stable neighborhoods that I know can be rented to young professionals.

What's your e-mail address or contact info?

We were looking for a city with a relatively stable real estate market and relatively low home values, which tend to equate to better cash flow if you choose to be a landlord.After looking at about 30 cities, we chose Pittsburgh because its economy is based more on health care and IT, which are somewhat stable compared to banking and finance, for example.Before we expanded there, we knew ... 1) median home values were nice and low at about $109k, 2) home values never went sky high, so they're not likely to fall as much, 3) the economy is pretty stable, 4) it's best to buy rentals for cash flow as opposed to the fix/resell model.After we expanded there, we learned ... 1) the # of active wholesalers in Pittsburgh is really low, 2) it's very difficult to get motivated seller leads via PPC there, and 3) we have to work harder to get members to sign up for our website there.So overall, it's a good investing climate, but there's not as much investor activity as there should be.

If I did this, then I should have filed a Sched E for 2006 even though the property wasn't ready to rent (which I didn't)Also, insurance, for example was paid in 06, so how can I claim it on the 07 Schedule E -- seems like I should be able to claim everything I spent on insurance since the property was never anything other than a rental.Arrrg, I don't mind paying taxes nearly so much as I hate figuring them out!

Please check your e-mail as well.