All Forum Posts by: James Vermillion

Welcome to BP! I too am interested to hear more about what kind of real estate investing you do and what the market there looks like. There are a lot of very experienced and successful investors here on BP, so if you cant find something, just ask! Good luck to you!

Welcome to BP Ray! I can never decide what I like better, the forums or the podcasts, but I guess there is no reason to choose. Let is know if you can't find something you are looking for. Good luck!

Welcome to BP Lou, glad to see you come out of the shadows to engage the community. I think you will find you learn a lot more that way. Good luck!

It is a matter of opportunity cost at this point it looks like. Are these deals common in your area? If this is a rare opportunity, than I would say it would be worth the carrying costs...of other similar opportunities come up every once in a while, wait.

And you updated your profile picture...nice! Have a great weekend Aaron!

Now that's better! The key at this point is to find out more about the guy. Without us knowing him there is no way we can tell you if the $500 is worth it or a complete waste. 20 hours of instruction from a crappy instructor would still not be worth $500.

Welcome Robby! Make sure you check out the Ultimate Beginner's Guide.

Welcome to BP Amber! Have you read the Ultimate Beginner's Guide yet? It is a great starting point for your real estate investing research and education.

Let us know how we can help and stay active...you will learn a lot more that way! Good luck!

That would depend on how much is invested in the property...$260 on a $1,000,000 investment would be terrible. What price range are you looking at? Also, you need to be sure your expenses are calculated properly...so many new investors grossly underestimate the expenses of owning a rental property. Read up on the 50% rule if you haven't already.

Who is everyone? What training video?

It is true you can put properties under contract for very little money, however, wholesaling is all about marketing...how do you plan on marketing (sending direct mail, purchasing signs, etc) if you do not have any money?