I'm also impressed with the knowledge of the members who post here and their willingness to share.

If the govt thinks you're a public problem in your business dealings you're not smart enough to out smart them, it's just a matter of time, if a regulator wants to nail you, you're most likely nailed.Gotta understand, the financing of a RE deal has been around a long time and "investors" have been screwing people for a long time, sometimes it's an intentional scam or unfair practice, often it's arising out of the lack of knowledge, maybe both, bottom line, officials are feed up with it.Add to that the fact that there are larger players that can profit while keeping in compliance that running off the unknowing and scammer types means more business and profits.

My name is Will,i do not have a background in real estate at all.Im from NYC in NY,im currently a student at 22 years of age.My Goals in real estate are as follows--Learn to invest properly a d learn the risks of investing in real estate-Obtain as much knowledge as i can from REAL investors on the site,EX:People who actually made it.

Depending on the software they use (and their knowledge of it of course), they can put a invoice/statement onto Excel with literally 3 clicks of the mouse.

I can't imagine that any liability waiver would protect me if the tenant decided he was going to try to get the thing working and there was an accident--like electrocution.Based on some knowledgable sounding posters here on BP who remove ceiling fans, garbage disposals and dishwashers, I am thinking I am not going to find many folks that would think this is a good idea.

I am amazed by all of the knowledge on this site.

It's all a part of the learning process on your way to becoming a knowledgeable investor.

I'm wondering what RE knowledge you have, that might be the first thing he looks at.Next, do you have a "team" of pros to go to and advise or hire as needed?

I look forward to sharing knowledge with you all.

You will get so much knowledge here on BP.