From all of the reading on different niches I am pretty convinced that with my business/accounting background and my husband's background in structural engineering and construction that flipping is our best bet.I look forward to taking advantage of the wealth of information here on BP and getting started hunting for our first deal.

IMO one of the greatest advantages you can have with this path is a solid W-2 income.

It's always great to see another Hoosier taking advantage of this great site.

Hi All,We just started a c-corp to take advantage of ROBS capability, and I'm doing some basic research on cash vs. accrual method for accounting.

Plus there may be tax advantages to not earning so much profit all at once.

It's true that you can make money in real estate with poor credit, but the time will come when you find a deal that you will need good credit to take advantage of.

Hi Barshay,To me, they have a lot of advantages: Small amount of money to purchase with very high cash flow.

I started with Rich Dad Education seminars, but am so excited to have found this podcast and now website where people just want to help and not try to take advantage of others (in my opinion).

This could be a very advantageous selling point. 4) If I hold the house as a cash flowing rental property, at the conclusion of 30 years I will have spent $9,000 more on interest with the REFI vs. the FHA.

I recently discovered there are organizations that will pay for veterans to get their real estate license, which I keep hearing on the podcast has certain advantages, so it is one thing I am considering.I am still doing as much research as I can and haven't completed any deals yet.