After you get to know him, and he you, you can ask intelligent questions about REO...for starters...and it won't appear self-serving.A source like this isn't only good for REO's...and, in all honesty, in the centralized banking world he probably doesn't even deal with them directly...but what's the first thing a new couple moving to town does?

The main difference between business owner on the right and self-employed on the left is this: If the self-employed owner was to take a 6 month vacation, he/she would come back to find their business was no more.

I am curious if any of you use property websites and if you find them to be effective?

Has no effect on your credit because the loan's not in your name.

You can end up owing SET (self employment tax), too, depending on how you structure it.

May also have to pay SET (self employment tax) which is basically both halves of the social security and medicare tax, about 15%.

He probably would have been successful had he not even gone to college but music (he even got a Masters Degree in Music) contributed greatly to him.His first business about 5 years after college was writing a set of music books with my mom (also got a Masters in Music....lol) and self publishing them.

It may also be subject to SET (self employment tax), about 15%.

Tell us about your self and your background and goals in RE investing.

That's not to say that the techniques aren't effective; only that he himself has never executed them.