Here are some new Member TipsTip # 1: How to Use @Mentions on BiggerPocketsTip # 2: Setting up Keyword AlertsTip # 3: 25 Tips for Real Estate SuccessTip # 4: Check out the Start Here pageTip # 5: Check out BiggerPockets Ultimate Beginner's GuideTip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen to BiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant CardoneTip #7: VotesGood Luck! 

I have been reading through "How I Turned $1,000 into a Million in Real Estate in My Spare Time" by William Nickerson and have been curious about his strategy.

It is a diary that I kept each step of the way from no money and no property to over $2.5 million in net worth.  

There are a million ways of structuring finance... you're going to have to be more specific.

When we look at a 5 million property for example the insurance might be really low for 5,000.What happens is the seller has multiple properties and once they hit a certain policy level it is cheap for them to add on another property.

Then, last year after 30 years retirement, writing a 1.4 million dollar check as a downpayment on 154 units, got the juices flowing and some trepidation.

They each made tens of millions of dollars thanks to the Iraq war.Oh, and don't forget about W's personal vendetta against Saddam for trying to assassinate his dad.There were LOTS of personal reasons for the war...oil was just a side benefit...

Thanks a million everyone, this website is amazing!!!

I'm sure I am going to ask a million questions on these boards.I look forward to contributing some of my internet marketing knowledge to help out everyone here and also look forward to learning from you all as well!!

In other words, say that you are a Realtor or mortgage broker, or investor, or you inherited a house that you need to sell or that you are a landlord and want to sell but your buyers cannot get bank financing or whatever situation is real to you.Threats To Private Property RightsHR 4123 poses the following threats to the security of private property rights, and to the stabilization of the housing markets in many communities:1.On its face, this legislation appears to merge individual taxpayers who accept installment payments for their equity with banking institutions, mortgage brokers and originators who sell money for a business.2.When a seller offers to sell their own property to another and accept payment for equity, there is no loan, but rather terms of a sale.3.Banks lend money that the borrower can then spend as they see fit.4.In the current market, if there were no seller financing, there may be no financing at all in many communities.5.Millions of soon-to-be-retirees who have worked a lifetime and prepared for retirement by investing in properties that can be sold in exchange for installment payments providing supplementary income will be negatively impacted by this legislation.