I have never seen a quality deal from a wholesaler and they often make real estate investors look bad.I have seen wholesalers string along homeowners, back out of contract after contract, cause people to be skeptical of real estate investors, and many other things.I have never called myself a wholesaler, but from what I understand, it is very hard to do it well.

The auto makers is just another kick in the pants.

I became an agent to be a better informed investor, as well, but I also wanted to make real estate a career.Right now, I'm trying to develope leads by 'walking the farm.'

When you are in the middle of the deal, it is too late, but if you get your buyers up front and talk to them before you find a house it is a lot easier to know their situation and put them on an appropriate house.Always remember if you are the deal maker, then the HML's love you, you bring the $$$$ to them.

It is difficult to find deals through a bank, but if you can get in front of a decision maker and let him know your criteria, he may have some inventory.Best place to find deals is through brokers.  

:Aaron Mazzrillo Oh, kinda harsh.I'd say It depends on what sort of investing the OP is doing, whether he needs to sell to retail consumers, and how he's going to differentiate his product from other products.If he's going to be managing property, the image projected can directly lead to increased income.Ah, I thought people came here to learn how to make real money and get financially free.

The strong money makers go under contract for way over asking price within a couple of days.

One suggest was to put a little waterfall in it, perhaps an indoor vine going up the poles...Im just looking for suggestions on how to handle paint / look to maximize saleability, I can do the same wall paint color in the other rooms if I get it worked out in this family area.

Also the ability to write off expenses in my LLC, plus depreciation, 1031 options etc. make real estate attractive.That said, I believe in a balanced and diversified portfolio...so there is real estate, index funds, alternative investments etc. and diversification within each asset class.Hope that helps,Adam

You also miss out out on one of the four REI money makers: mortgage pay down.A property should cash flow well with 75% LTV. $25-30k of reserves for each property is probably way too much, assuming you're looking at SFR or small MFR.