You make a few bucks flipping but you make millions buying, fixing, and keeping rentals. if you keep the rentals you have write offs, appreciation, depreciation, rental income, and it's taxed different than flipping.All deals done in Southern California....over the past 21 monthsDeal #1 got offer accepted at $100K for a duplex, wholesaled it for $107,000 to a cash buyer, netted $3500 +/-Deal #2 got offer accepted at $105K for 3/2 SFR, wholesaled it for $112K to same cash buyer, netted $3500 +/-Deal#3: paid 85K cash for 2/1 SFR, spent $15K on rehab, sold for $140K#4: paid $86K cash for 2/1 SFR, spent 15K on rehab, sold for $156K#5 paid $104K used hard money for 2/2 SFR, spent 14K on rehab, sold for $170K (put 20% down, plus rehab, and holding cost, total investment was $40K, netted $30K in 90 days#6 paid 85K used hard money for 3/1 SFR, spent ZERO on rehab, sold for $127K (buyer paid $110,000 cash, and agreed to a $17,000 1 year balloon note at 9%, which will pay off next month, created $125/month income for 12 months, and a nice pop is coming!)

Also boxing in the USMC (Light Heavyweight) was a great experience.2) Started a business with a business partner that brought sales ability and some capital to the table, when we made money wanted his capital out, we disagreed how to do that, we ended up divorcing our relationship, not fun rebuilding the business.3) Went door to door selling business health insurance as a young buck, lots of rejection, didnt care, tenacity was the rule.

He also emailed out some of his slides, spreadsheets and documents with us so we have the details to hand.I thoroughly learned all the math to buy a good deal: maximum allowable purchase price, cost per unit, gross rent multiplier, net operating income, cap rate, debt service rule of thumb (.007), profit per unit, cash on cash return, coverage ratio and expenses rule of thumb percentages.I learned questions to ask a broker, the order to do things (check math before offering, confirming expenses before viewing property), how to use hard money lenders, negotiating with vendors and dealing with their objections, using vendor take back strategies, what to do in due diligence (everything), a list of clauses with how they benefit the purchaser and how to negotiate with them, how to stack the clauses, strategies for becoming a RE entrepreneur, ideas for creative financing, how to do no money down deals, how to make offers, what types of exit strategies affect the negotiations and more.I haven't spent much time on this site yet so this is probably covered along with lots more.

I've tried entering "NH" in the search box, but I get a message saying "search term is too short".

I get continuing education classes constantly, I actually pay taxes and I don't necessarily do the installs, I have people to do that, because if I spent all day changing equipment, I wouldn't have time to do other calls or build my business, which requires marketing, another expense.When selling or renting a house, does the real estate investor only charge what they need to scrape by.

The problem is if you really spent $250 it is in a neighborhood that is only worth $175.

The only way to deduct life insurance premiums, add to that the tax deferred earnings and a possible return of dividends makes it a great tool to utilize.I like and recommend everyone to have an HSA; safer, tax incentives, not to mention all gains are tax free if spent on qualified medical expenses (a great way to pay for long term care premiums!!)

For instance someone can make hundreds of thousands a year but be self employed and be risky to that lender versus someone making a 9 to 5 job.Sine the lender see their income as STABLE and they fit in a vanilla box they are considered less risk.

Things is, she has the stove, fridge, washer and dryer, televisions, cable boxes, and fish tanks all in the same damn room.

Just have the owner sell and go to closing and get paid.Start thinking outside the box, you have a great background for RE.Are you in private practice or the corporate world?