I watched the 60 minutes story online again... there are some people who should be prosecuted if the interviews are accurate (and I believe they probably are).

I do still have the emotional aspect of "ooh, I want to be the guy who owns this..." but I'm "seasoned enough" as it were to recognize that quality and look ahead a little!

Thanks, All,What happened was that, in the process of interviewing property managers for my rental, I called the co that handles that property.

Maybe you saw my previous post on a tenant slipping on ice.Anyhow, my local list of MHA attorneys is pretty big, so my current focus is creating a shorter list:Do you have suggested interview questions?

- Book a trip to a cashflowing area- Research these areas HEAVILY-Build a Team to interview (at least one fall back for each member)- Dedicate 7-10 days to drive around, meet people and look at property and surrounding areas.Make at least 2 deals in 09

I know when I sort through the mail, unless I recognize the business (or they blow me away with a great design), I won't read it.

I am just a little confused on the entire deal, as my CPA, didnt say a word about having to setup a Tax ID number for each LLC.I want to have the business recognized as home buyers and rentals and not enterprises, but now that I have that on all the legal forms, I must use that name for business cards, checking accounts, ect.Is there anyway to change this in the state of TexasThanks for any help that I can get, Love the site and will be a long time memberHave a great week everyone

This helps them recognize that you are aware of your business.As far a Diane because you did not take the proper measures to go by and insure that the tenant was making a valid or bogus complaint, you as a GOOD LANDLORD should eat that cost and that will be the cost for learning for you.

Hi Jim,I get property manager referrals from the real estate agent and then do phone interviews.

In theory, your explanation/instructions seem to be fine, but in reality, you still have two contracts and the end buyer's lender will only recognize the first one without the price increase.