You have to be prepared to take such losses if you're going to engage in this business.Rentals and fix and flipping require significant investments of cash.Wholesaling requires less cash but, IMHO, has very little chance of success.

@Mat Canada welcome be prepared for an addictive experience.

I make these changes to the mechanicals in preparation for being able to abandon or tear down the chimney so that I no longer have to maintain it.

This ended up just being a single day project as we had prepared quite well.

Just be prepared.  

However, I'm quite introverted and don't ideally see myself marketing in my future.What i'm most concerned with is what aspect of investing control I should focus on in my year of studies..Online, I could focus on getting my RE license or prepare for the studies of learning about GC licenser.

When the plumber you sent to snake a drain calls and says "Hey Jon, there's a big hole in the drain pipe" you better be prepared to write a $6200 check on the spot.

Now, I am totally prepared to acknowledge that a situation may arise at some point where we believe an incentive necessary to fill a vacancy.

Opportunity exists still, but prepare to do some hard work

Hello,A few family members and I are preparing to work on our first flip and we'd like to meet with a local real estate attorney to discuss how to structure the deal.