@Matthew Swisshelm @"Matthew Swisshelm" haha I'm toying around with the tags to get it right this time. 

So far we've primarily been toying with the idea of rental properties. 

Richard Chan I wish when I started that I would have truly grasped the idea/fact that real estate is a business that is built over the long haul!

Any and all suggestions would be welcome and as of right now lets say the first one is Thursday September 9th from 6-8 at our office located at 552 North Underwood St, Fall River, MA 02720.We can use this first meetup as a networking event to get to know each other and we can also write down some suggestions and vote on them as a group to determine how we will run the next one.Again, Any and all suggestions are more than welcome.Cheers to (y)our Real Estate Success!

Cheers to (y)our Real Estate Success!

You can find hauls to get stuff out of the house for cheap that do a great job keep them around and don't let a deal not happens just because you might have to pay closing cost.

I toy with the idea of paying the early withdrawal penalty and taxes (huge).

I strongly believe the costs will be a positive over the long haul. 

On a typical project, here are the contractors I'll probably use:- Demo- Roofer- Painter- Carpenter- Plumber- Electrician- HVAC- Window Company- Tile Guy- Carpet Guy- Hardwood Guy- Cabinets/Countertops Company- Termite Inspection- Landscaping- Garage Door Company- House CleanerIn addition, on many projects I'll also use:- Drywall Guys- Insulation- Surveyor- Structural Engineer- Inspectors- Concrete Company- Driveway/Paving Company- Grading- Tree Trimming- Shower Glass CompanyFor big projects, new construction:- Architect- Civil Engineer- Foundation- Asbestos Removal- Sediment Control- Excavation, Dirt Hauling- Interior Sprinklers- Stone WorkEach of those contractors will typically get between 1-4 draws, depending on the scope of the work they have for the project.Then there are materials and other non-labor costs:- Permits (0-3 transactions per project)- Porta Pottys (0-3 transactions per project)- Home Depot Materials (3-5 transactions per project)- Dumpsters (1-3 transactions per project)- Paint Purchase- Cabinets/Countertops Purchase (2-4 transactions per project)- Flooring Material Purchase (1-2 transactions per project)- Specialty Material Suppliers (0-10 transactions per project)- Utility/Service Installation (0-5 transactions per project)- Private Inspections (0-5 transactions per project)- Insulation/Airtightness Tests- AppliancesOn top of that, I will potentially write several checks to:- Title Company- Property Inspector- Appraiser- General Contractor or Project Manager- Interest Payments- Utility Payments- Tax PaymentsOn top of that, I have my general business expenses:- Accounting- Legal- Interest Payments- Tax Payments- Brokerage Fees- E&O Fees- MLS Fees- Overhead/Office (Supplies, Equipment, Subscriptions, Software, etc)- Telephone/Fax/Internet- Income from Property SalesAll of these easily add up to a couple hundred transactions on a large project or new build, meaning many dozen per month. 

I toyed with the idea of wholesaling, but I couldn't coordinate the 50+/day follow-up phone calls with my day job.I have about $40k in cash, so I'll be seeking hardmoney lenders and wholesalers in the area.