The bank protects you by disbursing payments to the contractor ONLY when certain milestones in the project have been reached.If you're looking to pay for the rehab out of pocket AND want to manage the project yourself, J Scott's books provide a great manual.

We'll throw some cash into the deal as well as let our clients leverage our infrastructure, systems, and network that make us more of a "partner" than just a "contractor".That being said, when we hire other contractors and subs on our jobs, we complete DETAILED scopes of work, with PERFORMANCE timelines, and PAYMENT Milestones.

As an investor with a demanding non RE career, I see what I'm doing now as a phase in my plan - getting from point A: being completely dependent on the income from my job, to point B: the milestone at which my RE income is high enough to support me and my family.

Since this quarter billion dollar mark is sort of a milestone I thought it would be interesting to look at where my potential and current investors live to see if there is anything interesting we could learn from it.Yes, yes, there is.But first, after every closing, I document a lesson learned to try and help others who want to do similar things.

I will update this journal periodically and at key milestones throughout the investment life-cycle.Story:We became aware of the "Subject" through a long-standing broker relationship in Atlanta.

Hey all - 150,000 is definitely an awesome milestone -- thanks for the head's up, @Jon Klaus .

We are buying our 10th property (a milestone by itself), but the real story here is the numbers. 

- Do you track milestones for achieving goals?

Do you remember your milestones at the end of each year such as how many properties/units you acquired owned at the end of each consecutive year?

This project is a major milestone for the Reno and Sparks area, connecting the Reno South Meadows neighborhoods with Sparks and the I-80 corridor!