There is always some that are to lazy to earn it the honest way http://homes.yahoo.com/blogs/spaces/watch-refinancing-scams-230857579.html

She would only be paying income tax on the amount of income earned over the base amount?

Your problem is then the PM will earn the listing.

Without running the numbers, I can tell you this: It will take a lot longer starting from now and 25K than starting from 5 years from now and 25K plus 200K from that extra income of 100K over your current 60K plus whatever else you are saving.I haven't seen statistics, but the overwhelming trend that I personally see is that *most* people making good money in real estate are people with high earning day jobs.

You do not want to save up money and then have cash to deploy at the peak of your market unless you buy in another market that is at a different cycle or a different niche in a down cycle.

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I'm thinking working for a propety management company or even as sort of a secretary for a real estate agency could be a decent start to earn a few dollars but more importantly build first hand on the job knowledge of the industry.

Why should my hard earned cash be working for their investment?

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