Caution: Don't take the wholesalers opinion of value into consideration, have independent verification of values!

By that I mean construction inspections for accounting and disbursements verified independently.

It's hard to diversify in RE as a beginner if your not already independently wealthy.Investing can consume as little or as much time as you choose.

The subs/general contratctors you are getting your quotes from you should ask them about their time line as most in that area are busy with Sandy work and do to the amount of work that is available to them they are somewhat independent.

I'm just starting my career as an active duty military member but I also independent contractor work as a flight instructor so I'm not sure if I qualify for a solo 401k or not?

John,Is your agent an independent agent or direct writer for a particular carrier?

With a 2 bedroom voucher youre getting aproaching 1100-ish a month. 50000 is the typical needs work price. this is a very strong rental property independent of the work, which of course is the biggest question.

@Justin, I wish they would publish a book on the "rules of the blame game" regarding the mortgage industry; It was/is the economy, to easy to obtain a mortgage, to hard to obtain a mortgage, credit scores to high, credit scores to low, no money down, 20% down, underwriting guide lines to stringent, to loose, appraisals becoming parat of a management group, working as independant contractors, no doc mortgages, endless documentation, it was the mortgage brokers, it was the banks, it was Wall Street, loan originators being paid to much/to little and the finger pointing goes on.

A few traits I look for and provide as well are: - independence - a fast learner - great character - honesty - thoroughness - reliability - experience - good growth potential - intelligence - a good sense of humor In any relationship, I make a point not to ask for anything that I'm not willing and able to provide for the most part.

I first started with Re/Max and they charged me about 2k to carry the name but my independent broker only has me pay my MLS/NAR dues