I have enjoyed visiting this forum and find it to be one of the best on the internet.I'm new to REI and have a very ambitious short term goal of creating a minimum of $7,500/month income from real estate so I can quit my full time job and do this full time.It appears from my research that the most viable area for me to focus on is Wholesaling in that I want fast results without using much of my own money or credit.I respect the suggestions of the more experienced investors on this forum because I believe experience is the best teacher although it can be painful and expensive.So I'm excited to be here and look forward to some great times.Much Success!

Go to a few and see which ones you feel better with, get a better vibe to, etc.There are many "bibles" of wholesaling, but not all are created equal, nor will all of them fit your strengths.

Did you spend the money on legal costs of creating the partnership before or after you secured financing?

Have I created new investors - YES.

There is talk of a new entity being created to provide insurance for money market accounts like demand deposit accounts.

As this mess deepens look for more states (if not the feds) to adopt punitive measures designed to "protect" homeowners from a problem Congress created.

Ask your tax advisor.I will say most wholesalers who create an entity do LLC's.

I am very good at what I do and it has created me a great life.

The LLC should create a statement naming you as the manager.

This is one of the primary areas a good, experienced mentor can help increase their base of knowledge and give them the motivation and the direction they need to reach their goals and fulfill their investing dreams.First of all, mentors aren’t all created the same.