We all have other full-time jobs on the side out of necessity but someday hope to make investing our number one source of income.My partners and I formed an LLC for doing business, and we now have seven rental properties, some being single family homes and some being duplexes.

Depending on the type of project, developments can take years to get approved, and money is going out for a long time before it starts coming in.Finding someone to teach / mentor you is, in my opinion, is a necessity if you do not have any experience.

It is also quite easy to collect and gets rid of the necessity for people to file tax returns.I agree with you that the double-taxation of dividends encourages unnecessary leverage and, perhaps, also excessive hoarding of cash by companies.

Necessity got this deal done!

Jimmy, my main point was that the Mid-West is grossly overpopulated from an "economic necessity" and "desirability" perspective and will continue to bleed people for decades to come.

Where else is it a necessity to register?

Is it a definite necessity for an inexperienced investor?

Sure, insurance and general maintenance are necessities that should not be scrimped on.

i think a shed will be a necessity without a garage. if they don't have anywhere to put their 'junk' it is likely to end up in piles on the side/back of the house...not cool.i'm also an advocate for the fence. i personally like fences. not only does it keep things in the yard, but it keeps things OUT. chainlink won't cost much and will last a while. i really wouldn't even charge extra rent. why punish the first tenants and not the next?

Competent evidence of value may : include, but is not limited to, the following: (1) expert opinion : testimony; (2) comparable sales; (3) anticipated marketing time : and holding costs; (4) cost of sale; and (5) the necessity and : amount of any discount to be applied to the future sales price or : the cashflow generated by the property to arrive at a current fair : market value.: (c) If the court determines that the fair market value is : greater than the sale price of the real property at the foreclosure : sale, the persons against whom recovery of the deficiency[0] is sought : are entitled to an offset against the deficiency[0] in the amount by : which the fair market value, less the amount of any claim, : indebtedness, or obligation of any kind that is secured by a lien or : encumbrance on the real property that was not extinguished by the : foreclosure, exceeds the sale price.