Your in the game you might as well play where you have the greatest chance of success.It is all about risk assesment in my humble opinionI prefer to risk everything I have because if i lose what I have I will have it all back in under 5 years most likely in 2 years.If I don't risk it I know I will be broke and unable to retire.Hmmm what is retirement......I don't think Ill ever do that one because my definition of retirement is to be able to go where I want when I want and do what ever I want to do.........So I make a few phone calls during the day and make more money for doing so......I will never quit teaching people This business because It has made me a truely free man.One will never be free until one has no attachments in life because attachments by the nature of the word attach us or tie us down......I am not attached to my money or things....I can't take them with meI am not attached to life.......when i die my body stays hereI am not attached to my wife and son .....I love them but they are their own spirits.......If we had never taken the risk to travel to the moon we would have never reaped the benifits of such a great undertaking..Sorry but I believe that all things are possible to him that believe...I guess it's kind of a sensitive subject for me.

Others would rather work hard (for example, undertaking a difficult apartment building "value play") and shoot for a 40% annual return (which wouldn't be unreasonable).

That day, we put in an offer for $64,500... we just found out today they they straight out accepted the offer and we close in 26 days.I am so pumped up... while this is a big risk and undertaking, I know there is $$ to be made here.

New foreclosure laws do not favor the seller.Dangers if you have to take the property back.They damage the property.They think that since they own the home they can redecorate and rearrange to their hearts content.

The liability and risk is just too great for an educated investor to undertake a rehab project without sufficient room for profit and for error.

I will be looking out for an older house on a good sized lot in an area where new houses are going up and plan to build a new house on it.My question is, what formula do I use to consider if the house is a worth while project to undertake?

The Barfield is a gigantic project for a town the size of Amarillo, and the barriers for such an undertaking have taken time, but are well dealt with.As far as beginner investors, I'm not sure how much 10k or 20k could do.

This is referring specifically to the mortgage and the debt-to-income ratio analysis that credit lenders undertake.

Adding egress windows is no small undertaking.

Building the team will be the "major" undertaking as I see it now.