I’m currently doing my homework and preparing to make an offer on my first property, a commercial/residential building and I’m looking forward to utilizing the resources on BP and especially the experiences of all the other investors. 

My father in law would say Yes, but that is also why we don't prepare his tax returns.

Be prepared to answer a lot of tough questions about the risks and the process in general.On the plus side, having to pay cash and be at the auction in person usually roots out the "know nothing" buyers that drive prices up.

I am seeking a partner to collaborate with on completing a property flip in the Riverside or Orange County area.I am specifically interested in working with an individual who has experience with more than 10 successful property flips.Kindly inform me as I am prepared to initiate the process.

There are hard money lenders out there who can help with fix n flips so I would start conversations with different lenders to get a sense of terms and interest rates.I would also prepare yourself for the long game.

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

Your agent generally coordinates showings for prospective tenants, prepares the lease agreement for you, and helps answer questions about the property without you being the one to pick up the phone each time.

I'm willing to bet 99.9% of them have never been involved in excavating for a foundation, preparing the forms, footings, ensuring the underground plumbing is set up correctly, and pouring a brand new foundation into the Earth.Good luck! 

How are you getting along in your preparation for the upcoming PG County tax sale?

There is more to that argument, but this is something you really need to prepare for and consider well in advance of your decision to invest.