I've been told by multiple CPAs around the subject of "is this deductible?"

Your profession can be a huge source of private money for deals through self directed IRA's.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

Don't ever aim for full retail price unless your market is hot enough that you are going to get multiple offers.

I've read stories of people going through heaven and hell to get the contract and pocket maybe upwards of $10K (which is a big profit in this space as I understand it) fully knowing that the investor they sold it to is going to make at least that and probably a multiple of (not that their job is any easier).For all of that work, and assuming it really is the great deal you are marketing to your investor network, I'm wondering why not see the deal all the way through the flip and maximize your upside and the effort you put in?

I even contimplated taking the house off the market and waiting until after the new year.On a side note I have dropped the price on a house that was sitting and received multiple offers which drove the price back up.

I even use Skype and TeamViewer to communicate with clients so I'd highly recommend looking for one of the best with great references that interviews well with you.

., etc.Of course, a much later interview in which he said the Rich Dad was more like "Santa Claus" then a real person torpedoed any remaining credibility he had with me.

Time to start building the legacy.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.As Eric and Shaun said check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

There is a lot of benefit in having a recognized company that people (bankers, contractors, etc.) want to do business with.All multiple layers of LLC's does is make work for lawyers and accountants.

Build your foundation below.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.