I was just concerned about people being able to easily access the articals of incorporation through the county probate office and see how the LLC is set up and that I will be the only member.My thinking was that if it is recorded in a different county than where I live and do business, then it would be a little harder for someone to research and see the AOI of the LLC.I do not intend to do any illegal activity or be a part of any shady business practices.

Bill Gulley is being practical, when you said 'mad money', my first thought was a nice dinner with a good bottle of wine.

It never hurts, however, to at least mention best practices for reinforcement.

They don't have to be from your town, but they will need to practice real estate in your state.

Also, I believe I have practice on those same nights as the BIG meetings which puts me in a difficult spot.Thats why I joined BP, so that I could speed up the networking process!

It simply isn't practical to take out small loans unless you have an opportunity to make a lot of money with the proceeds of that expensive small loan.The way his business works is that he sells the note to an investor (full disclosure - I bought a small one last year to "break the ice") and he earns his money on the fees, not on a spread on the interest rate.

Just wanted to hear some feedback and see if this is good practice as a landlord and rental property owner.

Some properties are self-managed, so we create an invoice for each tenant, and mark them as paid as rents are collected.When collecting rents that go through property managers, I am not sure what the best practice is in QBO.Should I be invoicing the tenants (and then sending these invoices to the property manager), or invoice the property managers?

Be practical about you true costs and also exit strategies.

The limited impact extra payments have on the interest applied to the payments you are paying makes it sound good, but in practice it proves to be a waste of good money.