Sounds like you put in a Bonafide game player but no worries, they suck at the game.

Potential Equity is not skin in the game. 

Having a PMS with automated reminders has been a game-changer for us too, making it easy to manage renewals without much manual follow-up.

Felt like being at a high-stakes poker game, but with properties on the line.

Vacation rentals are a cash flow game really.

Hey all!My name is Michael and I'm new to the community and real estate investing as a whole. I'm a licensed realtor in the DFW area and interested in getting into wholesaling. I was hoping to find opportunities to ne...

Playing the long game, it's not for those chasing rainbows, definently for the LT planned methodical focus. 

Good luck with that one—I doubt any syndicators would find a sympathetic jury in such a case.Scott, you and I have debated the concept of “skin in the game” for years.

HELOC appraisals are notoriously low, just part of the game. 

Quote from @Luis Maza: Hi all, returning to the game this year and would like to pick your brain a bit, we started working with a wholesaler that will send us properties here and there with the "wholesale" price, but every time we check the properties and add the numbers, the margins are, well, I am not sure, too low perhaps, maybe we are getting to picky, but this is my dilemma for example...Today we got a property, wholesale price 300K, rehab about 50-60K, ARV is about 440k, but with the cost of hard money, we have about 100k cash, hard money interest at 11%, keeping the property for 90 days while we finish the rehab, closing costs,  commissions, we ended with 30k profit before taxes, while it sounds appealing, adding up all expenses and cost we ended up expending 50K on rehab(labor/materials) and about 50-60K with cost of the loan, interest, commissions, etc, everyone makes money, happy with that, but it seems that we are working to produce a 100k for everyone else, while we make 20-30k if everything goes well...In my opinion, we are not really getting "wholesale" price, it seems that we either buying to expensive, rehabs are much more than we would like to spend and the cost of borrowing that money is too high...We came up with thoughts as: lets fund it ourselves with money from a close friend/partner that we will bring in, and that would save us 10-15k here and there, but still, is that the norm now?