You’ll have to develop your own perspective, but I feel that you have to establish the foundational basics before you go.

Here's a horror story: I got 50-lots through tax lien foreclosure (year 1997-2002), was going to develop them myself when some investors bought up all the other delinquent liens (1500 liens), and formed an HOA to develop the land . . . it worked out okay at first, I made a good profit selling some finished lots to home-builders, but due to the HOA mismanagement and the economy, I have about $1-million in HOA liens on my lots.

I think if you are investing in real estate, you can still be looking for a quick buck, but you understand things can take some time to develop. compound interest is very powerful and if you are not in it for the long term, you will likely not be too impressedPeople are too emotional and probably log into thier stock market account too often and play off of those emotions. i am no different, but my stock market preference is dollar cost average for the long term. i do this through index funds and mostly retirement accounts. the stock market is at all time highs and while it had a huge crash, most people got scared away. as the stock market returned, people statring talking more about it. as warren buffet says and this goes for any investment. people want to buy clothes, cars, ect.

It also has a hug lot that is attractive for subdivision or future development.

If your background is unrelated to business, business development, management, etc. it may pay for you to go audit some courses at your local community college.

Structure New Agreements to honor existing agreements, Establish New " Floors" where no agreement exists,develope your strategy for legal removal of undesirables 3.

Even when you do it right, you're not placing general ads, at least not under the current regulations.I would start by developing relationships with friends and family who trust your experience.

This is my first post, I have been following BP for few months now. I will try to add details as I go. So far done my first flip which is on record today and doing my second flip. For the first two I used my own money...

I spoke on this a while back about a friend of mine who's mother has a house with 3 build able lots (including the original house) that I am helping him wholesale to builders/developers.

So see hard money as a tool that allows you to leverage your limited capital and increase your ROI significantly.And by all means, develop your own sources of private money over time.