Hello Everyone, My name is Brian and I'm 25 years old, a recent college dropout.I was going to school to become a teacher but I just really can't see myself being happy spending the next 30+ years doing that.I've always been interested in real estate and I'm hoping to purchase my first home to rehab sometime within the next few weeks.I've worked for a residential building company briefly while going to college so I know quite a bit about that aspect of the rehab, but need to learn alot (in a short time) about so much of the other aspects of real estate investing.This looks like a great community and I'm very excited to have found it and look forward to learning as much as possible.

It takes all that into account and spits out an IRR for each year if you were to sell that year.You are generally right about IRR, but the most important aspect of IRR is the timing of the cash flows.

What's it going to cost; what are the rents; what would it cost to convert, including the accessible aspect since you have no choice; and what would the new rents be.Jon

I'm not looking to steal anyone from your buyers list, or lift deals from under you...in fact, in those aspects, I dont want to know ALL of the EXACT details.

I figure being an agent firstly would help with connections with all aspects of rehabbing (Not having to pay commission for I will be the lister and the buyer in most cases), possibly pick up distressed property's a little faster, etc.2.

I am so happy that I met her and that she understands the kids aspect and is willing to train me. and just to toot my horn a bit...i have a lead currently that could be a listed/mortgage laon combo that i had the day before i had my interview. she told me that she is happy that i am so motivated and understand so much...she seemed surprised i knew what a short sale was!

Not all aspects of inflation are bad.

ok well does anycourse or any one in particular cover the dialogue aspect of wholesaling and how to control the conversation?

My point was just merely stating the obvious that you can quickly draw the line in the sand with the simple math rule of thumb to determine where the (+) cash flow is and where the (-) cash flow is.Despite the other sources of building wealth via REI (appreciation etc), I think the cash flow aspect will probably be my number one requirement.

That aspect is very old.