:superman:not completely impressed by the Celtics Yet....... they may win.......BUT THE LAKERS will EAT THEM ALIVE

What happens if the seller "foregot" to tell you something about the house that completely makes your deal not worth working and eats up your assignment fee if you were to assign it.

I buy right and expect and usually get the desired profit at the end.But even a different business like McDonalds is still speculative that people will want to eat a cheeseburger.

I eat broccoli/spinach every night and 3-4 bananas in the morning.

If you use a double closing you will eat even further into the your profit with the costs of the closing costs.

A rental property is analyzed differently. keep in mind that your fee needs to be minimal in respect to your end buyers potential profit, don't eat their profit because you'll never sell the house.

I didn't eat for days.

(((I don't accept such things....it's time to break custom......at least offer it to the client, give them a chance to say what they will do....in this neck of the country someone will.....and as far as legality tell me the legal way to do what i want don't tell me it is illegal))))) I look for solutions and am very optomistic....I don't accept failure it isn't an option.Anyone can make money in real estate......ANYONE new investors or old salts.........You know that all of life is unforgiving.I learned from the school of hard knocks.Mistakes, hmmm I've made a few ....is an understatement.JUST DO IT ..............is how we get over those fears.If you don't take the first step then you can never finish the journey because you will never start.L....abor Luck is never had by those who do nothing.U....nderC....orrectK....owlegeWhen I say JUST DO IT...........I truely mean thatIt must be followed up with NEVER GIVE UP NEVER SURRENDER....This business eats up long time investors too.70 percent of the millionaires in this country come from real estate investing.Your in the game like it or notat the age of 65 only 3 percent of the population will be financially independent.Your in the game like it or not ....will you be the 3% or the 97% that is dead broke or still working?

Maybe not every month, but as you've figured out, bad things will happen occasionally that will eat a lot of money.Over the last few years, lots of people bought property and rented it.

So RE is so powerful because you get tremendous tax reduction benefits (depreciation, interest expenses, all operating expenses, and depreciate your capital improvements) all the while you've leveraged your investments, your tenants are paying your mortgage down for you, inflation is eating away at your mortgage, and you raise rents over time.