In a lot of ways, it reinforced what I was already thinking while still giving me some new things to consider.

Rich dad showed me I didn't need A college education to become wealthy, and Babylon Reinforced my ideas about saving.

And while the loan approval is based on this nearly every financial expert will reinforce that you always need to have 3-6 months of ALL your bills set aside for "just in case" purposes.

The deal flow will improve as long as you get back to real estate brokers and keep reinforcing your investment criteria.5) If this is your first deal, consider a JV with other like-minded real estate investors so that you can get started and be more flexible on the returns.

It just reinforced what I have known all my life real estate is great investment

Then don't notch or drill holes through the beam(s) to run electrical etc, yep a fellow investor had to pull it down after the inspection.We took out 2 walls ran the doubled up 13ft lvl beams, installed several new 2x6 jack studs each end, reinforced below the flooring into 8 inch sonar tubing buried in the basement flooring because the old basement floor was inadequate support per the bldg inspector.Took us a couple of days & the LVL beams cut to length were $80 each.This was the 1950's beam we took out from one 8 ft length of a load bearing wall ... never cracked or sagged, so I guess the plaster was strong enough !!!

Reinforced partnership. added bonus of fast equity build due to market, but also because we bought intentionally close to I-5.

If we can get this thread going and compile a database of each persons real life experience with each property type, I believe it could help all of us learn at least 1 thing more (which could lead to 1 more successful flip)So far it seems like if I do a basic cosmetic renovation, and have a competent inspection with reinforcement, many of the risks with houses is mitigated.

Nickerson reinforced our mindset of adding income thus value, and cashflow, and using tax deferment methods so we could use the money instead of some government jerk who likes to spend money as long as it isn't his.He also taught us to act quickly because he had a habit of showing up at properties we were thinking about and while we were thinking he acted.

This 2% mobile home investing returns theory/mantra and reinforced by BP consistantly probably does more harm than good for most investors on average.