Besides all the hard work, and the marketing what other talents or responsibilities must one have to be a full time real estate investor?

All these issues come in the playAnother one of my favorite creative financing situations is a "joint venture with the seller" where there's minor repairs needed and they don't have the money to repair the houseWhat say you have a $200,000 house, and 20,000 in workWholesaling is 70% of ARV or 140,000 minus 20,000 in work minus 5000 in Wholesaling assignment fee, $115,000 to sellerFor minor rehabs that's a tough offer to get accepted and owners laugh at it, or perhaps get insulted by itWhen I talk to sellers of minor rehabs I show them this formula and tell them that that is only one choice, another choice is doing a joint venture with them, where are use my private lender money to fix the house, and I give them a note that will pay their equity, but  in three months timeTo figure out how much to give them a note, you subtract the cost to sell minus the rehab minus the private lender money interestIn this example you would subtract 20,000 in rehab -10% to sell with commissions and closing costs or $20,000 minus a joint venture fee of $10,000 or totaling $50,000So instead of 115,000 for the sellerYou get the seller 150,000 and you make 10,000--------Next post in this thread is talking about how to negotiate with homesellers for creative deals, getting a letter of intent for the seller draftedand then getting the contracts drawn by a talented contract  attorney

I know this can't happen overnight or even in the next few years but I am sure with the talented people that use this site, I will have a better chance on finding experienced RE professionals to help me avoid certain situations or experiences they have had to overcome.Looking forward to connecting with all of you and learning from everyone!!!

I was lucky to find a really talented and thorough broker (Jennifer Thompson, 303-903-0716, loan officer in CO).

I’ve spoken to some of those members and they basically said the high standard of the forums is no longer there.There is still some exceptional talent and expertise on here and there’s been many new additions which we are lucky to have.

You may actually enjoy it and be very successful combining your talent for finding deals and buyers.

The best part of my career is learning from all the talented people I get to develop relationships with, and I look forward to continuing my education!

I have 2 great realtors that help with comps and remodeling/interior design ideas, my wife does a great job shopping prices to keep costs down on materials and she herself is a talented designer, I have an insurance agent who handles everything online and same day, a great real estate attorney who keeps costs down but gets things done quickly and professionally, and a great guys that runs my rehab work who spends only what is necessary and keeps the projects moving forward.With all that said - you gotta do something!

Hope to hear from some of you talented BP people on here.Alexandra

Here are the sources for comparison: Tax Foundation, Insurance - ValuePenguin, State Property Tax Rates - Rocket Mortgage ✅ Low crime rate: Companies depend on attracting talented workers.