Most are done thru a large corporation real estate company.

Hello, I'd be interested in any advice/opinions people have on forming a corporation (LLC or S) to protect assets.I have 3 rental houses that I've aquired over the last couple of years.

He pointed out that those guys made much less than I did and that if I hired a roofing contractor their employees made less than me.I pointed out that while those guys earned less individually they would have 6-10 of them on the roof which probably added up to what I earned and that I had NEVER seen a "roofer" install a roof correctly.

Ryan has the correct answer here.

It's never too late to take control of your financial well-being; the fact that you realized that Corporate America/Uncle Sam and his cousins (state/local governments) will not be able to provide for your retirement places you at a great advantage over most of the work world.You're in a great market in the Raleigh area.

Charlotte's market is definitely unique and with the influx of people coming here, whether retiring, or for corporate relocation, or just for a change of weather and scenery the sales market isn't as bad here as it is in other parts of the country.

my two sense is, really go out and while you're in college - take real life "classes" in the street while also going to school in the college.that is everything i am about.at work in the past 5 months i boasted $55,000 in sales with the total being $155000 between 4 people. the top seller being the owner because... well he just has more experience and he's there more. but i can sell anything.the real estate certificate i am attaining here at college is only 4 classes. i'm incorporating that into my schedule with my mechanical engineering major classes as well as business. so its kind of complicated.i wont be able to get my brokers license for two years because 1. i dont have the correct study guide and utilities nor the money to pay the $800 i have seen for some.

what aspects to loof for to see a ROI - what is the formula, Total Rent - (expenses/month) = Cash Backis that a correct formula?

It's legal BUT you need to have a really good paper trail and set up you Corps and DBA's correctly.

Once the Trustee sale goes, if it doesn't sell, then the bank owns it.I'm sure if this isn't quite accurate, others will correct.