The group is still in infancy, so it's evolving as it grows.

This is likely to be an evolving issue as Dodd Frank requirements are being implemented by the banks.

Many don't have a banking or financial background and the slang used can be incredible, what has evolved can be confusing and conflicting.

So after saying all of this and not having looked closely at my books, I made a GROSS profit of about $78,000 on my rehabs.So the point in all of this is to start off keeping good records, your marketing costs are always evolving as more work is hired out and rehab profits will evolve as one is able to do more on their own rather than partner with people.As far as the wholesale deals went I made $7000.

I can hope that others have the capacity to put ego aside enough to allow their thinking to evolve as well.

Additionally, you can tell which areas are improving and which are in decline, because you can actually see the area evolve over time.

I have a carpentry background which helped me evolve into the investor aspect of real estate.

For those of you that have been waiting to see how to JOBS Act plays out with the SEC, this story continues to evolve... kinda like a soap opera.

I think crowdfunding is here to stay and it will be really interesting to see how things evolve.

Standards are slowly evolving in the form of often-used storage & data-transfer formats, but don't hold your breath; even electronic medical records still use many different standards.Having said that, any good software-as-a-service should have a way to "get your data out," usually via CSV export, etc.