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...

Door knocking

Why not knock off a few more grand for those repairs?

The best ways to find deals are:1. bandit signs2. letters3. door knocking 4. networking like crazy (everyone should know that you are the "subject-to" guy, or the "lease option" guy.

If any of you seasoned experts want to pay your success forward and kind of knock my plan apart as a means of instruction via PM, I'd appreciate it.In the future, I want to move into buying - rehabbing - selling homes and in the very long term into building a portfolio of rental properties.I've read on here that folks are buying lists of distress properties updated daily.

I am not telling anyone how to do your thing but come on knock out the property before 11am-12pm so its not even something to think about.

Mind you I'm in the Los Angeles market so it would be different than some other areas.When hunting the NOT listings for upcoming sales hoping to find a door I can knock on, I would like to narrow down the number of doors that are to be knocked.

If the prime rate was to climb a few points, I am willing to bet all the banks will jump back on board.I have not had a problem with my HELOC from my credit union to date (knock on wood) and they seem to have the lowest rates, lowest fees ($0), and the simplest approval process.

I am glad you have the courage to go door knocking, not many people will do it.

Better odds just buying ANY piece of real estate and learning from school of hard knocks.