Remain patient and save (believe me when I say that I understand how elusive patience can be at times)3.

After browsing various threads on the subject there is one question that remains when it comes to financing and asset protection.I realize that you would have to get a non-conventional loan if you are buying the property under an LLC.

Herveat, 238 Mich.App. 267 (1999).A land contract is an executory contract in which legal title remains in the seller/vendor until the buyer/vendee performs all the obligations of the contract while equitable title passes to the buyer/vendee upon proper execution of the contract.

And when we go to sleep at night, any remaining time is NOT credited to us. 3.

Let’s remove 40 hours for work, which is what most people work, which includes 5 periods of eating.Yours may be a little higher or lower.Adjust as needed.That leaves 72 hours.Let’s add a 30 minute commute on either side (again, more or less.Adjust as needed).That’s another 5 hours removed.That takes us to 67 hours remaining.Now, we certainly need to account for body maintenance, remaining meals, maybe some chores, etc.Random stuff that we all need to do to maintain ourself.I’ll go super, super high on this and say you spend 4 hours per day on this stuff.That’s 28 hours.

Are you doing equity syndications with these projects, or primarily using loans from private investors and remaining in control?

But, after you have done the first speech/post and remain standing, then the fear is gone and you are emboldened to do others.Good luck on your REI journey and you will be ready for that 1st purchase in 2016!

The value of a property may change but the taxes remain the same or slowly go down.

However, how should I ensure the grass remains watered regularly?

For an S-Corp, there are situations where you could pay yourself a salary from the S-Corp which is subject to the ordinary and s/e taxes and the remaining profits would be a dividend / distribution to members only subject to the ordinary rates.