- As for paying taxes after you close the LLC in CA, you can estimate your tax burden and pay estimated taxes any time you like.

It's decent money, and an industry that won't be going away any time soon.2) Evicting people, or having to be strict with everyone because you never know who's trying to take advantage.3) Yes, but I don't think it should be tied to a real estate sales license as it currently is in most states.

There's a 800 number that you call anytime you have any questions on what you should do (the call center is in America).

Absent some change in the super-humanly-stringent underwriting criteria and downright crazy approach of banks I don't think we see a recovery anytime soon.

If you move out of your current residence and into one of the duplex units, I don't think any bank will allow you to consider the rental income any time soon.

If I want to go to NEW, I can stay a week or two if I want and since I can take this lap top with me to be on BP (LOL) I can take off anytime I like.When you get there you'll understand and you'll know.

I can walk in any neighborhood in town at any time of the day or night and I don't need a firearm.

We would not be available to get up and go anytime, though, because of wife's career and the kiddos.Is all you really need a maid and a handyman?

Well there are always 2 sides to every story.People will almost always slant their position.Most problems come from not doing upfront work.When you work with anybody in any capacity EXPECTATIONS from both sides have to be set upfront.Once you have the talk the broker will tell the buyer if they are being unrealistic or they do not want to take on that business.Once misconception out there is that brokers/agents are a dime a dozen.CRAPPY brokers/agents are a dime a dozen just like CRAPPY buyers/investors.Great brokers/agents are in high demand and sought after just like serious and realistic buyers/investors.You can't expect a serious broker/agent to SHOTGUN a bunch of low-ball offers expecting to take a ton of their time to hit PAY DIRT for you on a long shot.So all l am saying is for every nightmare broker/agent story I have 2 investor ones.As far as properties I always list the property or lock it up to assign.Some investors are trustworthy but many will stab you in the back and just want the deal.In GA if a buyer or seller try to go around me I can lien the property and stop the whole transaction from happening.This is commercial only not residential.I always test the sellers upfront before I list it.I always explain commission and how they can cancel at anytime but If I bring the buyer they owe a commission and I WILL lien the property.If they are an HONEST seller they sign the listing agreement.If they are out to screw someone they will balk at it.Digging out true intentions from both parties upfront keeps people from entering into bad relationships.

Here is an example of what I'm talking about, I'm not adding numbers for simplicity's sake: Sue Seller is advertising that her house is available with owner financing ==> Ivan Investor comes in and tells sue that he wants the house but asks to have some time to come up with the required downpayment and for the ability to pay off the entire note at anytime without penalty ==> Sue agrees and they put it under contract then holds from closing for 20 days ==> Ivan marks up the property for more and advertises that the property is available to Rent-to-own buyers ==> Bill Buyer responds and qualifies to recieve the house ==> Ivan asks for a larger non-refundable downpayment than needed to pay Sue ==> Ivan closes and pays Sue, while Ivan keeps the difference between the two downpayment fees ==> Ivan closes with Bill and Bill moves in ==> Ivan keeps the monthly difference between what Ivan agrees to pay to Sue and from what Bill pays Ivan until the giant pay off [end] I'm not sure if that's the end of that particular transaction style, but I think you understand what I'm talking about.