It would be my guess that on average most people dealing in RE, I know it is for sure with agents, do very poorly.The answer is something you will have to learn on your own and it will depend entirely on your effectiveness, which is a result of your efforts, time spent, and abilities, combined with your resources.This is area specific so your best bet would be to find people in your area and figure out what is going on with them.

I am curious just because the course is around $500 and I don't want to waste my money on the course if it won't help me generate leads.

I have been putting bandit signs up and trying to do subject to deals so that i can get control of houses cheaply but the problem is 1) subject to is a short term startegy becuase they may call loan due at any time 2) lots of subject to deal the house is under water I already wasted $1k in bandit signs and feeling discourage...I know there are a lot of creative financing deals out there..

I read again and again that a person needs a mentor to move ahead and that the opportunity cost of taking the wrong actions, wheel reinvention, or not taking action usually far outweighs the cost of an effective program.

Are reno's more cost effective or cheaper without a contractor?

If in combination you only have $10k, this will mitigate the property purchases you can make which will indirectly effect your potential gross income in fix and flip situations.Once you sit down with the attorney, go sit with an accountant so you all get educated on how it all works.

THANK YOU to everyone who commented my posts and contributed to the thousands of topics on this site, to help me understand what I bring to the table, and be able to communicate that effectively to someone with money, looking for better returns.

Direct advertising via the internet, forums like this etc. is not likely to be effective.

The IRS will have an imputed interest rate on any note or installment contract for tax purposes, she would have to be a non-profit for the IRS not to place an interest on such a transaction.This just shouts preditory schemes to me, as to how you can end up with a property after the seller dies and stop paying....In all of this time spent trying to answer your questions I'm really disappointed to see that you have not come further than you have indicated, seems many of us have been wasting our time.

Do a quick search of our forums and you will see many threads talking about Nevada corporations.I will simply say that it is a waste of your funds unless you are doing business there.