Second would be to query neighborhood folks about their own house, and the word around the campfire (I avoided a house last year because the woman I met in her front yard had a story or two about mold and contractors not being all that satisfactory in response to it (I know, negatives rise to the top more easily than positives do, but still, I became worried and began to fret about big builders).Part of me wants to work harder for a living and do 1-3 fix and flips a year, the other wants to get into a buy and hold so as to use leverage.

I wish I had discovered Bigger Pockets prior to buying this house as there were some mistakes made that we could have avoided after reading the wealth of material on BP.

You took the sneaky route to avoid taxes.

I have outlined a couple belowThe more I get into this the more numbers I have to dig up and project going forward.Background Information· Purchased 2003: 250,000 (no down payment)· Refi 2006 timeframe (money out for improvements)· Refi 2009 (to avoid drastic increase in payment and rolled in prepayment penalties) I signed the papers so I have to live with itUnless it is absolutely necessary I would rather not discuss the above mistakes in great detail.

I am trying to avoid the guru seminars and sales pitch groups.Please let me know if you are aware of any meetings that I could attend.

I'm a first time investor running the numbers on a triplex in central MA. 200k purchase price, 20% down payment and 5% mortgage. 3 units all rented at 1000 per month with assumed vacancy rate of 25%.

He claims to keep everything private to avoid lawsuits while running around the country telling everyone how much money he has.As I said before, he has lied about large and small things.

Is it located on the perimeter of the property, or is it somewhat central?

For most of us they're not applicable and won't help us avoid frivolous suits.

The tax people will chime in I'm sure, but there is no way to avoid the tax hit on this flip as I understand it.