Hello BP familyNeed your advice...So 2 weeks ago I took the plunge and started my first direct mail campaign in Phoenix.

Whoever is receiving the deed will need to have it recorded.

Real estate investment is a great supplement to teaching, and if you love teaching, which I'm sure you do, the income that you receive from real estate investing can relieve you from the financial burdens that unfortunately those of us in the teaching profession now I have to endure.

.- Buy a direct marketing mailing list from kent Clothiers find motivated sellers list and mail to owners who don't yet realize they are sellers.- Call all the craigslist.org for sale by owners.  

You've received some great advice on this post from fellow BP members but ultimately, nobody knows whats best for you, your family, and your future business plans better than you.With your income, available liquid, interest rates as low as they are now, and location, I think looking into a 203K loan for a fixer upper home is an option that may interest you.

If your strategy is to buy deferred maintenance properties and rehab and hold for retirement, then you might want to hold title in an LLC, and sell a certain percentage of your LLC to a self-directed IRA.  

@Edwin Silie Most of the advice I have received is to focus mostly on the practice exams, so if you haven't yet purchased one, I definitely would.

I have only done bandit signs for marketing and got those 5 deals from bandits , would like to jump into direct mail marketing  since i hear/read that it is effective.... have a wonderful day. 

Hey Jeremy, Thanks I have been looking to find people wanting to use SDIRAs, but its tricky finding people who have it set up to actually direct the IRA.

Usually with an HML, the money is given directly to the title company and rehab funds function on a draw.