This site keeps me motivated because it helps me to take advantage of the opportunity to becoming wealthy in something I have a passion for, and that's real estate baby!!!

It is already a tax advantaged account so you lose some of the greatest advantages of holding RE.

This will allow you to side-step your competition and be much more effective at finding some high equity deals.Depending on what kind of budget and time you have available to work with, direct mail, advertising and networking can all be huge avenues that will bring you some profitable deals pretty quickly.

I may spend an hour from home working, it depends on how many flips are are going on or if I need to buy more properties.My days are filled with dealing with remodel/closing issues, cutting checks, updating the accounting books, reading BP and SI.com, and 90% of my time is looking for deals and coming up with new competitive advantages.

You never want to put all of your eggs in one basket, but if you are investing in real estate as well as tucking money away in a tax-advantaged retirement account, you're simply diversifying, not only in the investments, but with the tax strategy as well.

What is the max that would be advantageous tax wise to give to charities?

There's a lot of fiscal competition growing within the EU (like Bulgaria's triple 10% tax structure), it really peaked my interest.

With that being said flipping it now may allow you to sell high and then buy low again.You can read a thread about the competitiveness of the current market here: http://goo.gl/csgZg If you want to hear about the possible softening of the market then read this link: http://goo.gl/RJvvl

And I wouldn't want to restart just to find I had created some competition and was competing against myself so to speak.

The whole idea of predatory lending or "taking advantage" of people is just silly in a free market.When two able bodied people enter into an agreement on their own free will, that should be the end of it.