I was wondering if I bought, say, 3 rental properties at $100k each putting very little down ... is there any benefit to me besides having the renters paying my 3 extra mortgages?

i was wondering - if i have 3 rental properties that bring in say, $1000 a month each - $500 of which for each house (or $1500 total) a month goes to principal, does that mean that my tax break would be $1500 x 12 for the first year?

Also, when I set it up I want to make sure it is taxed as a C-Corp, so that I will save more in taxes.I am also wondering if I will need a business license, I never hear anyone mention it.

I was wondering, do you invest in any of the short sales, or do you strictly act as a broker on these deals?

I wonder if they'll let me turn the water on prior to making an offer.

I was also wondering if the presence of effective public transportation 2 minutes away will influence the price upwards more, with gas prices as they are (we pay close to 6$ a gallon here) and looking like they will keep on going up.

That also makes it so [i]you[/i] can move to foreclose if necessary.I was wondering what that structure and documentation was.

Just wondering if any of you have been on any bus tours that focus on emerging markets.

I am 28 years old and have been paying $2350 on top of our $1200 monthly payment on our 120k house (taxes are about 400 a month here) @ 6%.I was wondering what would happen if i paid it off, but then continued to buy one house at a time as it is paid off too.

I'm wondering the same thing