Hi guys,Longtime lurker and voracious reader here.

Josh has stated time and again that readers are to due their own due diligence.  

I've seen so many newbie investors end up buying land that is unbuildable only to have sell it later at a steep discount once they realize they can't even afford to keep up with the taxes needed to keep the land.For future readers, one common way to evaluate and price land is through the Land Residual Method, which is pretty much a simply formula:Land Value = Developed Value (highest and best use after development) - Cost of DevelopmentIt requires a little work on the agent's part to dig into what the costs and potential developed value will be, but I wouldn't consider it rocket science.

Just joined up after being a long-time reader because I finally need to ask: when doing a 1031 exchange, is it realistic to identify and secure 4-5 properties in the 45-day identification period (and abiding by all the other 1031 rules)?

I will try to post the original proposed legislation and other commentary here so that readers can educate themselves as much as possible.

Most of the surveys that say otherwise are quicky reader surveys of a few hundred magazine or website subscribes.  

I really enjoy being here on BiggerPockets.com, being that with out this site I wouldn't be able to get such a good education in the Real estate industry.my plea to you the reader, please share with me where you lost money while buying Tax Liens/Deeds and if possible to detail the most possible what you would have done differently now after your experience ?

I could get into even more detail on this but this should be more than sufficient for most readers of this forum.

I have been an avid reader for the past several months and have decided to introduce myself.

This is like closing the barn door after the horses are gone, but for the other readers who want to prevent this from happing to them, get a signed estoppel from the tenant prior to closing.