Now if the REpro has precious time to devote to random questions, who do you think she will reply to first or if she could reply to one, which one would she commit to?

4monthsx4unitsx$500 $9,000 = Almost $25,000 in lost rents because I didn't have enough cash to do the repairs.If that isn't enough to scare you here's the icing on my cake: I had the properties listed in August as a Portfolio sale for $525,000 which would have been a 250% ROI in 18 months.

Hey @Precious Thompson - I know there are a few schools around that teach real estate, though most people learn through books, podcasts, and sites like BP.

I own three precious metals; gold, silver, and lead;-)

Are there times when you do a cost benefit analysis of a situation and figure, well, I probably won't get caught if I leave x or y, or the tenant isn't very responsible as far as I am concerned, so why should I spend my precious cash flow on them?

Whether it is stocks, bonds, mutual funds, etfs, currency exchanges, precious metals and stones,commodities or real estate you make better long term decisions when you have that rock solid foundation to support you and your family.Lo those many years ago when I first started, my first wife was not on board.

I'm stationed in Augusta, GA for the moment, but I'm originally from Fort Benning/Columbus, GA.

I got my salesperson license a year ago now, and dealing with people can eat up precious time.

I have not made my first deal yet, but plan on it soon.I'm pursuing this business because my current job is slowly killing me and that coupled with a long commute takes away from my precious family time.

(Great way to starting building a realtor-investor relationship)The bank makes the final decision regarding price after they order either a BPO or Appraisal or both depends on the lender.The short sale process takes usually takes 90-120 or longer days depending on the sellers cooperation and how fast the agent works with the bank submitting paperwork received from the seller but ive seen them go 6-12 months :(One warning really try and screen your seller to make sure there not using you the agent to just buy ore time in the property you must take there word on this but hopefully they have good intentions.The uglier the property for me personally I only love properties that look like the guy from lord of the rings (The Precious)Sorry for the lengthy reply just wanted to be thorough.Good luck!