He buries the great-rich-quick BS pushed by so many "gurus" selling books, tapes and seminars nowadays will his first-hand accounts.

The adage, money is the root of all evil should not be taken lightly.Personally, i hate dealing with banks and all the red tape.

I hear there's a lot of red tape involved with a FHA.

After taking about 6 months to convert it into a 4 bedroom, put on new siding, some windows, trim, exterior paint, a new roof on part of it, sheetrocking about half the house, tape, texture, trim, paint, carpet, tile, electric and plumbing fixtures, rewiring about half of it, adding rafters to the garage, a new garage door, a crushed asphalt driveway, and sod, I finally sold it for $55,000 after having it on the market for 3 months with a realtor and only getting 2 offers that didn't want me to carry it.With a little over $25,000 in repairs to it, when it was said and done I walked away from the closing with a net profit of about $1,500.

However, 90% of the people on BP will never take action, as quoted by Brandon Turner himself.It is human nature to doubt what you can get for free, while placing high emphasis on seminars, courses, tapes, books, etc., while getting charged thousands.Thus, when you are scammed out of thousands........you would have learned a valuable lesson and will remember for life.Terry

I've heard the red tape from the city is very thick unless you are building for the poor or have the last name Gilbert. 

The last tape of NPN's I bid on with assets in TX, the seller countered back with prices higher than Total Payoff and in one case higher than both UPB and BPO!  

Many of the styles out there seem to not last very long, especially the kind that tape together at the edges. 

Target size strip malls, or office space, or NNN, or Pads, or etc...Or are you talking about things like a stand alone building with a hair salon, or similar in it along side of a major road.[2] What can you afford to do Down-payment-wise, in an MMA maybe only a 7/11 strip mall, in a medium sized area maybe a larger bite of the chocolate bar than the 7/11 mall.[3] Do you want partners on deals, (same on all, different on some), must you have partners on deals (loan qualifications, personal weak spots, etc...)[4] How will you swing the bat at financing; do you qualify for the financing your deals will need, will you need others to help you qualify, do you now these people vs risking someone who will make your life miserable and you will hate working with (an unfortunate situation). [5] Do you want to work government handout money for fix up real estate, is there any that looks profitable right now.[6] How well do you know commercial real estate "Stuff"; such as can you identify a 400 amp service panel from an 800 amp service panel, can you identify an electrical transformer that you own from those owned by the utility, what is a plenum, does your building have them, what are those big red pipes with wheel handles on them, hidden behind the bushes (who do they belong to), how long does asphalt last in a commercial lot, and etc...Good Luck!

We did a full 203k loan, it took us 6months to close on the house due to sellers and the red tape that had to be navigated for the loan.