Come on...a billion?

BiggerPockets is pleased to welcome Quicken Loans Chairman Dan Gilbert as a guest blogger on October 8th, 2008, in order for him to share his "Solution That Works" alternative to the $700 Billion bailout plan passed by the U.S.

I'm sure you'll enjoy the time you spend here.

Most will have good references, but you need to know as much as possible about a contractor’s work ethic before you sign on the dotted line and commit to spending several thousand dollars on a project.

Again, here is where Realtors can be invaluable, because you will spend less time bringing Realtors up to speed as they already have had extensive training.The good news is that there are plenty of people willing to be bird dogs.

I don't have much money to spend on marketing, as I'm still in college and cash flow isn't where I'd like it to be, so what do you suggest to do?

If you can spend $7500 and get it up to the $140K range, you should do OK as a flip.

I'd spend the time (and a little money) to buy and learn how to use a hewlett packard 12C financial calculator.

If you do try to deal w/ multiple contractors yourself w/ no experience count on spending 30-50% above your original estimates and fighting like hell to get them to finish their work to the quality that you expect or even finishing their work at all.

:roll: I think we have been spending too much time thinking about what the would thinks about us and not enough time thinking about our own country.