I can only imagine the hunting is equally awesome.TimPS - I'm a former constituent of Barry, would be interesting to hear occasional input in the political threads from a former constituent of Sarah.

Trust me, Assange is an equal-opportunity trouble-maker...Like most threads in this forum, the more some people say, the more it becomes clear that those people don't know what they're talking about and are just repeating ridiculous sound bites they're getting from others who are just as confused (not everyone here, but an obvious select few).On the bright side, it makes my job of call B.S. that much easier...thanks for the help...

The properties are in NJ i live and work in NY.I have a w2 job that pays well.My CPA had done some crucial mistakes with my taxes and i am in a process of looking for a new one.Currently i am considering all options including bankruptcy as last resort..

In most corporations, my understanding is that all partners must take equal distributions.

Here is how a lot of rehabbers would figure this project:ARV $300KMinus 30% for everything, except the repairs equals $210KMinus the $25K repairs equals purchase price of $185K (Note add another 10-15% for the unexpected repairs, etc., when you get an estimate)With the above formula you will make about 15% profit.Ray in Ct.

I have no desire to own 500 million in assets with debt nearly equal or greater than that.

I too use similar carpet each time, same paint schemes, and same tile/granite/travertine.My acquisition amounts are higher than most since I am in So CAL so what one purchase at $300k here could equal 5 purchases in other states.As far as doing this biz along with a full time job, I would say it is quite difficult to accomplish.

I have my plan in place, and the crucial steps that need to be taken.

Or do you see the risk as equal in lease option or contract.I want to put down as little as possible, but I also want to be protected thoroughly from seller's issues/ whims.

. $110k all in with $2100 in gross rents equals cash flow by any standard.