This is from the short sales we had that were a direct byproduct of the independent partner that defrauded us as, and again, both Jayne and Jim Ploegger referenced this in their posts.

I am looking to begin investing in residential real estate within my first year out of school, but as an Architecture major I know that means beefing up a lot of my financial/general business knowledge as significantly as possible.

The first comment on the post says, "it feels like 2006". https://ny.curbed.com/2013/5/28/10239256/three-cen...I really think GRM is a byproduct of low interest rates more than speculation.

My biggest beef with these companies is that it's not about the product, it's about the business structure.

There is no easy path to starting REI and difficult paths will lead to the biggest opportunity.If you are using wholesaling to get into buy and hold real estate investing; I would start with a narrow focus on low down opportunities for yourself and let the wholesaling be a by product of your own acquisition process.Do some research into the subject to process and reach out to other local investors here and by attending networking events.

An inspector spotted 3 mailboxes, thought he found an illegal 3 family in a 2 family zone.The city's beef was I didn't get a permit to do it, the complaint read "basement not in accordance to plans".

I think lenders would have the biggest beef with it. 

Personally, I don't use LLCs for single family and instead beefed up my protection with insurance.   

Did a 7 hour round trip to Pella, Iowa to get Dutch Pastries at Jaarsma Bakery and some Beef Sticks/Jerky at In't Velds as Xmas gifts for all the Bankers and Contractors. 

Returns vary by product, and 16% is not much of a stretch but 20%+ requires a bit more creativity.