Understand that insurance is designed to insure catastrophe, but has evolved to the point that we expect to be insured for leaky faucets (ok, I'm over exaggerating here)The question to ask yourself is: would I have to put in a claim to replace damage caused by a falling tree or a broken washing machine hose if the damage was, say, $2500.

I think having a supporting mentor, trainer or group will work wonders to help evolve skill sets.

I'm excited to see and be part of BP evolving into the best real estate investor community it can be!

And if you did, someone earned part of the rate that you paid.Condo hotels evolved an alternative to time-shares during the 1990’s and there are now 100’s of properties located throughout North America under brands including Hilton, Four Seasons, Clarion, and Ritz-Carlton.

No really, strategies haven't changed so much as evolved.

Even if you were not a new investor when you joined it will be interesting to see how you market has changed, how your investment strategy has changed, and how the BP community has evolved.

My plan is to first buy notes, then be a small lender and evolve into purchasing properties with the 401k.

I'd be interested in knowing, those of you with a large social reach, have you seen it evolve into a steady stream of leads?

This is simply due to how their P&L evolves differently and independent from each other.

For example, in my area, taxes are based on the assessor's valuation of the property (and not on the actual sales price as might happen elsewhere), multiplied by a millage rate; essentially, the taxes are fixed except that they raise the millage :) Might be something for you to consider as you evolve that spreadsheet.