As the ink continues to dry on this newly enacted legislature, share prices of lenders with a high concentration of mortgages backed by rent-stabilized buildings in New York City are plummeting as landlords are exploring all options, including handing back the keys to their lenders.

In addition, he concentrates solely on California, which is particularly helpful to me, since I live here.

I think not - that is pocket change to him.There are three plausible motivations to Frank Rolfe that I can see:1 - He wants to help people succeed in business and he likes to teach.2 - He holds a large, concentrated portfolio of undervalued real estate and he has taken it upon himself to single-handedly raise the value of his real estate by publicizing its virtues to the world so he can unload his portfolio at higher prices.3 - He needs a bunch of newbies in a conference room to go bird dog deals for him.4 - He is creating a pipeline of new leads to buy into his private investment funds.So - what of the four motivations is most likely to be the real one?

Mike Butler is hilarious and you can learn a lot from his mistakes and experiences.You should also keep in mind depending on your real estate goals should dictate which books you concentrate on.

While good deals may be passing me by in the meantime, my process (at least for now) is to concentrate on one property at a time.

If you are simply wanting to increase your spreads even more by eliminating these costs, I would say that you would be better served as a RE investor by getting more deals and more funding for your deals rather than concentrating on saving RE commissions.

I became a pro member and just narrowed down the areas I wanted to concentrate on in my hometown of Evansville, and analyzed them.  

I would concentrate on wholesaling and find an active investor in your area to pass deals to. 

Drive around the area north of I40 and West of Tramway as there is a good concentration of 4plexes in that area. 

We aren't however concentrating on a specific city trying to go where the deals are!