If you choose not to use an automated rent payment system (I don't)..make sure and get a cashier check or money order.

Meet-up this Thursday in U-district if you have not heard, wish I could make it.If I could travel back in time, I would tell myself to be much pickier in choosing properties to buy and hold.  

ARV= 55,000, Mortgage= 28,000, monthly payments= 400, Repairs= 5k to 10k, Seller wants nothing but to be free of the property, property can rent for $900 max.BTW if I choose to use a purchase agreement should it be for the 28,000 owed, or should I add the payments that are behind in with the purchase price?

It is a bit ago though and they may have improved.If you decide on the combo I would want to talk to someone who uses the model you choose or similar. read online reviews from real people.

I googled a couple of online places and end up choosing an Auction site.

I asked her many times if she is "really interested to sell" and she assured me she was but she is always so busy she does not have time to reply emails or phone calls (how busy can a person be that chooses to ignore a buyer willing to buy cash for seven figure deal and pay her full asking price).Anyway, last Friday we agreed on the phone on the price.

he can grow his play money or earn passive income of $1000 monthly on that capital.Partnering can be a great option, but again, I will warn that the wrong partner and it becomes a poor idea so be careful in who you choose.

People lobbied hard to get the laws changed so that people have the ability to invest their money as they choose.  

The specific amount would vary depending on your cost of living and such but I will choose $5,000/Mo. as a working number.There are basically two ways to generate a monthly revenue stream.

You can use the 'check the box' rules and choose the LLC to be taxed as a corporation and then file a 2553 to elect S-status.