So if you are looking to compete against more experienced investors for deals that are already pretty skinny...then sign up!

@Kee Barber Thats an extremely skinny deal.

As an agent I would suggest you contact owners of expired listings, those listing that have been on MLS for a long period of time - BUT DON'T talk to them about listing their properties (this may be difficult as an agent because that is what agent's are trained to do) start to think and act as a counselor, help the seller solve their problem and if you do you'll put together many transactions.Also FORGET ABOUT - the conventional way of buying real estate (20% down, using a 20-30 page contract, applying for financing and exposing yourself to intimation by lenders, underwriters and others who do not care about your financial goals and would like to see you fail in your quest for wealth) - study and understand  how to CONTROL and ROLL real estate - C&R is the highest real estate leverage ever created - C&R is about selling (assigning) real estate you don't own. it all boils down to creating a "skinny contract" with only one contingency and offering that property (contract) up for assignment using the public auction method of marketing.You can do it - flush your mind of the conventional ways of doing the real estate business and start to turn over rocks to find a sellers with a need - help them and your skills will help you make some serious money.Oh!

I love the wide wood (hate the skinny hardwood panels, but wide is expensive).Can you give us some details on the colors you used, what kind of floors etc. etc?

About 25 people showed up, I presented sample images of a two build detached HPR (long and skinnies) & sample site plan.

I advise you are honest about this from the get, you're never going to build a scalable business if you have to cover things up.Another note: 290k on a property that might sellon the open market for 330k is a pretty skinny deal.

Sounds to me like crash and burn revisited, but I am a realist and a pessimist at heart.YUP  leverage to the hilt  low end rentals  skinny cash flow on assets that are not the source of predicable rent.. leads to dumpster fire and the loss of a relationship and loss of capital..   

Also you need to get your fee out of it.I do not know the specifics but honestly that deal seems WAY too skinny for me.3) You still need to add the cost of doing RE transactions, lawyer fees, closing costs taxes, holding costs , lawn care, utilities, insurance , lending costs .. etc. etc.

There are plenty of skinny, motivated, hard working people of various skin tones, and in this country legally, who need jobs.To Admin: I realize this should be an "Off Topic" post if posted at all, but if the bait stands, so too the fish. 

It would be neat to have a meetup of some people in Edmonton.Anyways, my brother and I are looking to get into the infill market..building skinny homes, duplexes, fourplexes etc.