I agree with Steve Dove if you are renting, however, you get more bang if you put in more bucks.

I've done the crazy, non-stop work thing in the film industry and I thrive off of it, I just want to make sure that there's the potential to make some big bucks here.I would ideally like to get the wholesaling thing going in full swing and after some time, begin to take my profits and put them into rehab projects while continuing the wholesaling on the side.

Should cost no more than 700 bucks and he can do it in 2 days with one helper.Alot of advice you'll find here is from people who arent even really qualified, be careful.

This only makes sense if you're talking about raising a million bucks or more.

Make sure the deed of trust and or promissory note require a notice of demand for payment at least thirty days prior to any notice of demand for the payoff or acceleration of the note to its maturity.

Tried to get me to put down a 500 buck deposit, which is a red flag and you should never do that.

When I first got started, I posted an AD on Clist.. saying I'll buy your MLS access... some agent sold me his MLS access for $100 bucks a month...

i'm a young full time investor as well, and own apartment buildings, rental houses, sell houses on owner terms, lend small amonts money, and flip houses...it's very difficult to start a career in renting properties, unless you own several...if you learn about the 50% rule on these forums, you'll see that a good goal is to earn about 100 bucks per property per month with a mortgage.....once you know how much you want to make, you'll know how many apartments/houses you'll need to meet these goals..i make most of my money on my flips, and take that money and use it to buy aparments and rental houses...the apartments are a full time job (partly bc i dont' trust property managers), but also bc there's always something that needs to be done...it isn't as easy as collecting rent on the 1st and never hearing from your tenants again...then again, flips require a lot of attentino as well...leave a rehab up to a general contractor, and you'll be over budge, over schedule, and still have an unfinished house...these are my experiences...others may be different....if you have a stockpile of cash, have you considered parterning with somebody that has experience??

We're such a litigious nation, one would be a fool to risk his family's wealth to save a few hundred bucks not forming an LLC.

No, everyone in the transaction gets paid at closing, you may need a couple of bucks for advertising an maybe 10 bucks for earnest money, but thats about it.3) How can you find Real Estate meetings locally?