I'm new to real estate investing and just finished "The Book on Flipping Houses" and "E-Myth Revisited"....awesome!

Asset protection is key concept that I picked up from Rich Dad Poor Dad book "Unfair Advantage" by Rober Kiyosaki, and my limited understanding tells me that I should have an LLC to protect my personal assets from the property, that is a cool $800/ year here in California.

BUT THATS NOT TRUE INVESTING IN MY BOOK!

Be sure to hire an attorney with solid transaction experience with a focus on retail leasing - it will make a difference. 

Well, I was thinking that it would have to be a Wraparound Mortgage in order to complete the transaction. 

Hi, I’m new to rental property investing and I have read many books, blogs, and listened to countless podcast.

But, as a parent, I've come to consider my death as the single most important financial transaction I will ever make, especially with respect to leaving something to my children. 

After reading all of Robert Kiyosaki's books on money and real estate there is something that is obvious to me.

Keep listening to the podcasts, books, BP is a wealth of knowledge! 

First, learn the process which could be explained in these simple steps:Step 1: Market to motivated sellers Step 2: Sign purchase contract with the seller Step 3: Find cash buyerStep 4: Sign contract with cash buyer for a higher price and collect 2k deposit Step5: Close Transaction via Assignment or Double Closing and Collect your checkSecond, learn has much as possible about the 5 skills needed to be a Pro at wholesaling.