Undecided of electric source.

I want to know the be sources to find out how to go about finding leads and getting listings for traditional properties so that I'm not limited to own type of real estate sales.

You will expose yourself to a wider pool of expertise which is critical for real estate investors.Many of us service clients all over the US and even world.

Ive also found that estate auctions can be a good source as in many cases the owners are from out of the area and aren't interested in going through the process of listing with an agent etc.

Guess maybe I should get the flipping book I see here on the marketplace because I feel like I need a general overview with a few step-by-step instructions and a list of do's and don'ts.Oh, I am financing the house and rehab and he is doing all the legwork at this point and when we sell he would get his 3% as the listing broker.All suggestions, guidance and constructive criticism is welcome :-)

Build financial relationships, never rely on one source of funds.

It's also considered a block by block city, so it will be critical that you link up with someone that is reputable and understands the area.

Hey BP friends,I'm putting together an excel sheet to calculate potential rental property deals and wanted to ask for some insight/criticism/refining regarding my monthly expenses.So far I have the following:Mortgage: $350*Vacancy: 5%Maintenance: 10%Management: 10%Property Tax: $210*Insurance: $100*CapEx: 10%*based on my price range in Arlington, TX.I have to say they have added up much quicker than I expected (which I was told would happen).

Various leads sources, now it's mainly referrals from previous clients.

In my opinion this is possible but hard because of the learning curve.Personally I already had a good source of income from my job so I decided just to work hard and save money.