Have you thought about the types of properties you want to invest in and the strategy you want to use to make a profit via said property?

This guidance is essential in a market where not every property will yield profitable results.Furthermore, having a reputable lending partner can enhance an investor's credibility with sellers and real estate agents.

Make sure your first property has no long-term cap ex coming like roofs, furnaces, sewer, etc so you know you won't get a 10k bill when you buy another one and lose profit on all across the board.

Values drop, sometimes drastically, rents go down as quality of tenant declines; cost of operstimg properties increase, and governmental interference, especially in the form of rent control, can slash values and profitability severely. 

The Roth IRA and his money partner agreed to split the profits 50/50.

One side of the highway can be more profitable than the other. 

Favorable Fees and Profit Splits4.

One of the key takeaways in a person's wholesaling journey is finding the right people who are serious and want to connect with you to create profitable and wholesaling success.I connected with someone on the east coast and they want me to work with them as their virtual admin finding buyers and sellers for them.

It's much more profitable for you grasp at straws and pretend the business model doesn't suck so you can sell your SEO program.Get that money bro.

If not and I have to go out and build the team and organize the deal, I will factor that in too.