But you can also loose some or all of your money if you do not perform your due diligence and watch your investment closely.Happy investing.

., to perform the activities for which Value Property Investments was organized—he was not carrying on a trade or business as contemplated by section 162(Business deduction).Nonetheless, in order to resolve the matter before us, we do not need to decide whether Mr.

This is my first deal underwriting with some help from a friend in the BP community, he has more underwriting experience then I have but I am a beginner. 

Is it possible to perform the whole process of wholesaling remotely?

We really stretched ourselves thin. we did not perform our own inspections because we were busy raising finances .. and our agent insisted we use the same company who did the initial inspections to “get a report in our name” .. we went for visual inspection with our agent and found the master bathtub was  upside down — they said there was a chip and seller was fixing the tub.

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They balked when I asked them for proof of their portfolio's past performance - which led me to believe they were aiming too high. 

First: Verify the sponsor’s past performance especially for similar deals.

The software interface isn't terribly efficient, but it performs its functions just fine)That said, I think there are some locks that have a wifi function and no fee, BUT they require interfacing with a smart hub - and the cost of setting that up combined with the amount of tech knowledge needed/potential for things to go wrong made me give them a pass.  

Things are expensive in Florida but you can still find "deals" or properties that will perform where you can get 10-25%+ CoC returns.