I think that many people get caught up in their own personal identity and when they finally learn that their retirement assets can purchase real estate directly while maintaining the tax advantages.

Thanks.Hi Ming,Check out a few blogs I wrote for Bigger pockets that to relate to your post.http://www.biggerpockets.com/renewsblog/2014/12/20/first-investment-property-important-things-consider/http://www.biggerpockets.com/renewsblog/2014/11/15/3-types-of-risks-real-estate-investors-regularly-take/http://www.biggerpockets.com/renewsblog/2014/07/26/sight-mind-real-estate-investing-afar/I hope you find them useful.Thanks and have a great day.

So I talk to a landlord on the phone to go see the property, it's a great location, I will act like a perspective renter.As I walk through the rental, I will ask all the questions a regular renter will ask, like, can you tell me the HVAC how old it is, what's the average bills in the summer, what's the average bills in the winter, I really am looking for a long-term commitment, like 24 months, etcAnd then I'll have a flyer in my handAnd I would say,"Mr.

You basically have two options available: an instalment sale: the buyers purchase the house from you using X number of regular payments over Y years; or a purchase option: you simultaneously execute a regular rental lease and an option to purchase the property at a fixed price at some point in the future (3-5 years).  

I have not checked a blanket liability policy, but anytime I inquired about a single property commercial insurance, the rate was 3-4x the regular one.

I learned a TON from those experiences and have become much better at sniffing out solid investments.One hard money lender that I met with regularly once told me "if you find a good deal you will ALWAYS find the money (or somebody with it) to get it closed".

Open market it is almost non-existent because some buyers have all cash, some cash with regular financing, or they have cash but need owner finance because they do not qualify the regular way.There are many, many ways to make money in real estate and one does not invalidate the other.

In this discussion, I am NOT discussing the income and expenses for the properties (whether it's a good idea to keep them or how I ran the numbers), but only the taxes.Do accountants regularly cover more than their own state's laws and regulations?  

In this discussion, I am NOT discussing the income and expenses for the properties (whether it's a good idea to keep them or how I ran the numbers), but only the taxes.Do accountants regularly cover more than their own state's laws and regulations?

Not hubzu (although I have dealt with them)But "Regular" foreclosure by fly by night realty company.2 days bef closing OUR title company found unclaimed 3rd mortgage, not yet foreclosed.Sales price $5000, unclaimed was $9000 ten yrs ago...