Of course I read it may be smart to take 20k and use 10k for two properties instead of dumping it into one..

If the agent only sold it to the rehabber, he would have made a lesser commission, then when he sells it almost at full price.For example, I buy it for $200k, put $15k in rehab, then sell it for $375k The agent would have made a 3-6% commission on the first purchase (say 6% max $12K) But when he works with us, he doesn't make any commission on our purchase, but when we sell it he makes (max 6% $22,500) If the agent was smart, like some that we work with, he would want to know how he could partner on the profit side and forget the commission.

In my experience, "secrets" are just obvious investing strategies that smart people have already (or will) figure out, and less intelligent and less motivated people will never figure out.And you can tell a less-intelligent and/or less motivated person anything (including all your "secrets), but they are unlikely to implement them due to their lack of intellect and/or motivation.As another example, I used to play poker professionally, and after some big tournament successes, I got asked all the time by newer players if I would mentor them.

Hopefully he was smart enough to put them on month to month.

So, while I agree that this legislation is a POS, I'm still going to point out when self-serving know-it-alls who aren't smart enough to do any due diligence make up lies about it.

BP members come with varying degrees of experience and investment smarts.

It gives no indication of whether those people were smart investors who made good investing decisions or idiots who were throwing their cash away.

If you get to the point of becoming a citizen, learn the damn language..With regard to the fence, we better off relying on smart fence and other means rather then just one big MoFo fence.

With a little success it becomes a contest and the smartness goes out the window.Leverage compounds this mental lapse because everything looks good to lenders and lenders are just trying to make a buck.Big shots can be reduced with just one mistake.

We need these smart folks engineering things to make our lives better...not playing chicken with the IRS over ridiculous tax codes.