I listen to the podcasts when I run and have knocked out about 30 of them. 

In other words, if somebody qualified came up and knocked on the door, could they move in the next day? 

@Jay Hinrichs#Truth@Alex SmithNone of us wish the school of hard knocks to wack you on your first deal ! 

However, if you are a now realtor knocks on a door or leave a flyer with no hand bill permit or local solicitation permit you may be fined by that city in most towns or cities.

This is a semi-introduction, semi-question I haven't been able to find information on. Perhaps I need to up my Google game!Hi there, My name is Adam Pond and my brother, Matthew and I are budding Real Estate Investors...

I would simply knock out the $80k and have a great passive asset.

Things are more expensive when you're dealing with this sort of property.If the $71,820 is scheduled gross, then knock off 50% for expenses.

If you are going to send letters (or door knock if you arent shy and have the time) to preforeclosures... what you want to do is quickly determine if the seller is planning to walk and give the house back to the bank.

You can either calculate times and percentages in your head, deal with people, and KNOW WHEN TO SHUT UP AND SIGN or you can't.Put down the books and start knocking on doors is my advice.all cash

But the best school anyone can go to is the school of hard knocks.3) This comes from my education at HKU (hard knocks university) It is better to practice on rental property than your own property...