Investment activities, not REPS hours.3) Getting to close after the contract is executed:  Working with title and escrow agents and lawyers; property inspections and walk-throughs; working with construction contractors if it's a new build; working on financing with a lender if borrowing or with an investment advisor if paying cash; working with a lawyer or registered agent to set up an LLC for the property; signing closing documents.  

And then set out to meet the goals for the first quarter.

you will likely have a few years of stabilization: making repairs, finding good tenants, setting up your team, etc. 

Both Caroline and Kip set me up with their SBA loan friends.

I'd start out with David Greene's Pillar Of Wealth, that'll really help set the foundation for your personal finances before you begin investing into building out your portfolio.

I have adjusted my numbers and looking at 6.83% so came to the same conclusion.We actually own a 20 acres adjacent to the 3 acre lot and plan on building our dream home there.

@Mohammed Rahman yes, that's exactly what's tricky for me... for you all it's quite simple.. it's like I show you how to apply a KCI VAC and say now it's that simple.. just prep the skin apply Elkins to the periwound apply the VAC with setting of 125mmHg .. you're gonna look at me like what the hell, lol... that's how I feel.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Wishing you the best!

@Noah Condon,I want to add a few thoughts here before you set up an entire REI model on flipping that just happens to be structured in a way that let's you navigate around 1031 exchange rules:The IRS wants to clearly distinguish between "dealers", such as residential home builders, and long-term investors.

We have a set percentage split for each unit in the deed, depending on sqft of the units.