There are many authors out there who make it seem very easy and glamorous, but there are some harsh realities when it comes to REI, and these guys do their readers a favor by pointing it out.

In reality hard money may or may not take less time than drawing on the warehouse line.

The reality now that I have done that is, this isn't all passive and it does involve a lot of time and effort.

Sorry you're finding out the hard way about the reality of the $150K AGI limit on taking this loss.You actually have to have AGI under $100K to be able to take the "special allowance".

The reality is almost all of these programs know the vast audience has a few k sitting around but MOST of them do not have enough cash to get started with their first deal.This is where all this "no money down" trash and the like comes from.They are simply selling a pipe dream to extract the little money they have."

If I replace the cabinets/vanities, I'll always replace the sinks as well;- I will almost always replace the front door;- I will always replace any windows that are failed (fogged up);- I will replace all doorknobs, outlets, switches, outlet covers, switch plates.

As for asset protection, in reality, land trusts provide almost none.

The reality is yes the properties do exist.

Excellent history with this bank and they have owned the house next door to mine for 3 years so they are not strangers to reality.

In all reality to me the question is what value does the listing agent bring.