It may cost a bit more - but you will probably get the job finished quicker and make a little more money than if you do all the work.

I did notice that we're gaining members quicker and quicker now.

*******But this is the kicker, and i need some real advice on this:apparently there was a revision to the association bylaws and they no longer let any owners rent out their units if they purchased on 6/2005 or later. everyone else before that date is grandfathered in so they can continue renting.NOBODY told me about this. not my relator, or my attorney. i even asked my realtor about rents in the beginning because i wanted to make sure it wasn't a co-op and the seller's attorney said renting is fine.so you can expect how shocked i am when i went into the office today to receive my new homeowner's welcome kit and she mentioned the new resolution to disallow any renting of units. she said my realtor and/or my attorney should have made me aware of this.i feel like i got majorly screwed. what am i going to do with a 2BR/2BA living by myself?

A lot of people use them interchangeably.I typically think of "rehabbing" as longer term more substantial improvements whereas "flipping" would be more cosmetic and focused on a quicker turn around.But that's more for positioning in my own mind.

Greenhorizons, it looks like the experts have sum up your questionto piggyback on what they have said.. wholesaling is quicker and easier money, less effort.. its a good way to start out.. once you build a little cash doing that.. then yes rehabbing will bring more profit per house..but it will take longer to see the fruits of that labor.

You'll get way further ahead way quicker than trying to become a realtor.

I am mostly wanting to priortize on accumulating solid, income producing properties but would not say no to other 'quicker $$' opportunties. nightowl/manuto23, can u PM me your email addresses?

i rather make less profit and move to quicker transactionwholesale is what you should look at. consider this.....if you can pocket 20 grand and it took you a yearthat is about $1666 a month. i can find some wholesale for 5 grand a month. much faster and you can all work at home!!!

eh im running into not knowing which direction i want to head in rehab or wholesale i see the profits in rehab but wholesaling is such a quicker end to a means of money to start keeping money for investing in other businesses.

I just finished reading "Why we want you to be rich" and "6 Steps to Succesful Real Estate Investing"..and I am now working on a book about Landlording..Just wanted to say Hi.My New Years resolution is to start my own business and buy a property.:) :goofy: