I came across this question by taking bumps in the field and thought this what successful people might be doing.

I may be jaded but I think college education is the biggest waste of money with few exceptions (engineering, medical, law) and I have a post graduate degree.

"He said that legally, if tenants show that they have a disability and that a medical or psychological professional has recommended an animal, then a landlord's "no pets" policy does not apply.Read more: http://www.post-gazette.com/pg/11175/1155999-100.stm#ixzz1QVmam0Ab"This is like if they had a service animal, which also is not included in a no pets policy.

When we have a lot of specialty work (electrical, plumbing) we have our go to people in those fields.

Are you planning on getting a job in the field you've studied?

If you click the home link in our navigation bar, you'll be taken to the dash, where you may see the image below.If you do, to complete your profile, just select the Edit Profile link in the ACCOUNT drop down (we will soon link the word Account to this page) and go through the various tabs to complete yours.A complete profile means that your profile pic has been uploaded and personalized, and all the important fields such as About Myself, Real Estate Experience, Real Estate Goals, and Currently Seeking - are all filled in.

I am looking to build slowly, and become proficient in my field.

You put this in commercial real estate topic.This designations are more residential in nature.If you want to start learning commercial go after the CCIM as a start.When you decide what asset class you enjoy and want to specialize in (retail,land development,hotels,office,industrial,multifamily,etc.) then you can get additional training from organizations that only handle those fields.

Many first position mortgages will simply issue a 1099.The IRS for an investment property considers this "phantom income".If you are insolvent at the time meaning "liabilities exceeded your assets" then you can file an insolvency form with your tax accountant and the phantom taxes would be wiped out.If your property had mezzanine lenders or secondary loans or HELOC's they will generally act differently then a first position mortgage holder.For the most part the 1st position will recover the most money and the others will fight over the crumbs.It will also depend what your other assets are,if you cross-collateralized loans,and if you had a recourse loan or gave a personal guarantee.Here in Georgia is a lender forecloses and wants to do a deficiency they have to show they sold for current market value.I have seen after foreclosure the defaulted borrower fights the amount the bank sold for as an REO.They disagree with the market value sold for and bring in an appraiser in court.The appraisers generally want to stay out of litigation.The default amount here has to be validated by a judge for the deficiency.Once the defaulted amount is settled then generally the attorney for the bank and the attorney for the defaulted borrower go back and forth over a settlement amount.Once the settlement amount agreement is reached the borrower and bank also discuss terms under which it will be paid.I am not an expert just what I have seen in the field.

.• Policy Type: DP3• Dwelling: $100K• Other Structures: $7,400• Content: $5,000• Loss of Use: $0• Liability Coverage: $100K• Medical Payments: $2,000• 10% of the property value in lost rent based on “fair market value” for the neighborhood.It came out for $525.50.Is there any room for improvement or this is good enough?