my tax guy and local Realtor friends all tell me its a bad ideal to take out loans to buy houses and that i should just save up and pay cash . from what i have read online about paying cash i would be loosing out on some income plus the mortgage and interest is tax deductible . i keep a large safety net in place . i am not streching my self to thin . if i have to dip in to the safety net i make it top pryority to replace it . i guess i feel that not taking out loans to buy houses is just slowing me down . ......anyone have a good reason why not to have at least one loan at a time

One of them is:- Criteria (how to find the best deal)I understand the math part, but I'm sure that there are other elements at play such as location, the type of neighboorhood, etc.So my question is thisHow do you narrow down from a broad selection of properties to a single ideal property ?

A mechanics lien is just a notice that he intends to file suit, it doesn't mean much without the lawsuit that goes with it.

Currently, I am not in WA state so I figured the online route would be ideal rather than dealing with taking a live course in another state and making sure it would apply to a WA license.I am insterested in commercial buy and holds but that's not why I'm interested in the license.

Ideally, over time, I'd like to purchase enough properties to generate a reliable income as well as secure some retirement/vacation home $$$.Looking for tips and tricks here, friends.

My longer term customers that I get repeat larger amounts of repeat business are PM's and owners that I deal with.

I use a spreadsheet with 5 different columns and some have higher than expected expenses/vacancy, or reduce the rents by 10-15% to make sure I can handle less than ideal scenarios while still making a healthy return.

I deal with them all day and there is no profession that knows how to make your life a living hell like the law profession.

Divorce, suits as to the partition of property, bankruptcy and contracts can force sales.That's enough.... :)

If it's possible to structure deals where I can defer all payments until I sell the house, that would be ideal.