If you are a serious player, I would definitely follow up on all of the small details with the auctioneer prior to bidding to make sure you fully understand all the intricacies of the sale.As for suggestions for bidding at an auction, make sure that you set what price you are willing to go to before the auction starts.

I believe that when two investors argue over issues is when less experienced investors can really start to see the intricacies of the business and learn a lot.

Thanks, I do understand the intricacies.

If you're going to copy and paste law or listen to Vincent Polisi podcasts state the entire law, including all the little details and intricacies.

For those gearing up to buy their first investment property but haven't quite made the move, I'd love to hear about the challenges you're facing.Are you navigating the intricacies of market analysis, dealing with price or financing concerns, or unsure about the best investment strategy for your goals?

I'm also curious, Taz, to know who it was you spoke to concerning the intricacies of sub3.

It's truly fascinating how it all works and comes together so that you are reporting your federally "illegal" income and paying taxes on it.Make sure you get an accountant on your team who understands the intricacies of this.  

There are some intricacies that you need to be aware of so I would recommend talking to a full service, reputable, self-directed IRA custodian who can walk you through those things.

Though without a license, you're limited in the strategies you can employ to help sellers (you can't represent them in an agency relationship).So, yes, the two are similar in terms of business model -- hooking up buyers and sellers -- but their are lots of intricacies and nuances that make it more complicated than that.

You need to get a big enough rent premium to make it worthwhile, so if you are analyzing a neighborhood on the internet from hundreds of miles away you are bound to miss the intricacies in getting an appropriate neighborhood and property for this.In general you need a gentrifying neighborhood (or just a nice neighborhood where you were able to score a property at a decent price) and you need an area where people just can't go get a nice new apartment for the same price you need to charge.