I work as a payroll specialist and would love to quit my job and get into real estate investing.

6.Are the lenders sophisticated or unsophisticated lenders?

They are therefore not buyers – only lookers.Most students who seek my advice are not yet sophisticated enough to be in the information loop where they can benefit from Method # I.

Yes, some smaller funds can let you in on the 35 (ish, can't remember exact number) sophisticated investors  exemption.You can most likely meet some funds like these at conferences and networking events.

.…. 30Why You Must Change………………………………………………... 30The Forces of Change…………………………………………………. 30The New Expense Paradigm…………………………………………... 32The New Payroll Paradigm……………………………………………. 33Outsourcing Work……………………………………………………... 34Finding Self-Employed Specialists……………………………………. 35Guidelines for Establishing Independent Contractors Relationships….. 35Fully Exploiting Technology………………………………………….. 35Invest in Great Tools…………………………………………………... 36The Accessibility Rule………………………………………………… 36The Telephone Rule…………………………………………………… 37Advanced Tools……………………………………………………….. 38Real Estate Software Source…………………………………………... 39Rehab Tools…………………………………………………………… 39The Home Office Trend……………………………………………….. 40Where to Meet Clients and Prospects…………………………………. 41Extreme Office Leverage……………………………………………… 41They Are Not Customers……………………………………………… 42More Extreme Rules…………………………………………………... 42Become a Niche Market Specialist……………………………………. 44Build a Business Within a Business…………………………………… 45Co-opetition—The New Buzzword…………………………………… 46Informational Leverage………………………………………………... 48Performance Pay Works………………………………………………. 48Strategic Smallness……………………………………………………. 49Concept Summary…………………………………………………….. 50Section Two--Business Opportunity How to Directory……………. 51How to Use this Section……………………………………………….. 51Chapter 4 Real Estate Investor Services………………………….. 53Apartment Preparation Services………………………………………. 53The A.P.

Pre-leases are possible, but generally are either done by very sophisticated owners and tenants or between parties that know each other.While there is no prohibition against using pre paid lease amounts for your down payment in commercial deals, any deposits may be strickly regulated by you state.

Taxes, insurance, payroll/management, utility maintenance, mowing, legal, vacancies.I am going to say, not counting the homes, you have a $500k park, especially if it is in the Midwest.

@Logan WilliamsonI recently listened to a podcast which mentioned that the wholesaler has a buyer's list of 900 and only 5 of those are regular buyers of his deals.The school of thought as well as my theory is that if you have a killer deal, you will have scores of buyers clamoring to get it and from that stampede you will be able to easily create/extend your list.Lastly, below is a podcast that you can listen to and get details to build a sophisticated buyer's list.https://www.biggerpockets.com/renewsblog/2013/08/29/flipping-wholesaling-plan-sam-craven/ Working with family without killing each otherClosing 27 deals during the first year in businessGetting leads with direct mailInvesting while holding a full time jobPartnering with other investors when first beginningHow to lower your direct mail response rate … and why you want toTips on online advertisingMaking a plan for future growthHow to stand out from the “bad wholesaler” crowdHow to build a sophisticated buyer’s listHow to handle major problems when they come up

Need a more sophisticated multivariate analysis to tackle this interesting subject.Good job.Sam Shueh

There are definitely different types of sellers and levels of sophistication when it comes to understanding what they need to do to sell their properties or get out of a tough situation.