Internet sites like this one also can be a gold mine for tidbits that will help you along the road of investing!

I, like many others, found BP by accident when searching the Internet to find answers when I was trying to get my real estate investing start...little did I know then that I had struck gold.

Maybe with all of these new reality shows, all of the get rich quick wannabe's are doing the following kind of searches that overtook real estate investing for the top spots:Mining gold in AlaskaMaking moonshine in AppalachiaMining gold in AfricaBuying storage lockers at auctionMining gold in the AmazonShipping other people's junk across the country

I see that other people have put some of the reasoning behind their rehab effort but I thought it would be good to have some responses at the detail level as well:1) No gold in the light fixtures.

To investors that have their boots on the ground in the city, it has been a gold mine.  

I am loading up my plow trucks , bobcat , and snow blowers , Snow is white gold .

BRING HOME THE GOLD!!

There is a very likely outcome that you will be holding a note with an uncooperative homeowner/squatter, you will get to pay attorney/court fees and insurance costs while receiving no payments through a long, dragged out FC process, and then the pot of gold at the end 18 months later is a trashed house that is worth half what you hoped and you will have to pay up the 2 years of unpaid property taxes to boot.Just remember, there is a reason these existing lenders are dumping the note rather than doing a workout themselves.

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Read blogs, post questions, and the podcasts are gold!