Dang, that was a huge reality check for this small operation.But also the banks like to see ON PAPER that the properties cash flow.

Good Evening @Michael Hayworth,  I'm very much obliged to you for taking your time and posting the reality of wholesaling. 

@Adam P,Your 1031 situation is a reality that likely not many investors prepare for.  

Also, I may be having so much fun with my dreams being a reality that I'll just keep buying.Is this plan realistic or too ambitious?

But reality is that **** happens.

But the reality is property owners are being bombarded with mail marketing all the time.

In class D areas the numbers may look like a 15-20% return but the reality is those numbers rarely come to fruition because of evictions, and damage to the property. 

I think that just looking at that in general will open your eyes to what the reality of your purchasing position is.2) Within the areas where those properties pop up, determine what units/locations will attract tenants that you would like to rent to.

As I have mentioned, I plan on getting my realtors lisince once I move back to Colorado around May of 2017. I am currently in Houston and looking for job in sales, or real estate. I am looking for a job managing prope...

Reality is often quite different than the picture books would have you believe.