You must understand that while you and others with enough experience can easily grasp what you have stated, I believe it takes away from the intent of teaching those much newer, the concept of buying at discounts and how we make profits.Time and again, I see people paying prices for homes to flip here in So Cal and for the life of me, I am trying to figure out how the hell they will not lose money much less make any money.Again, I am not on disagreement with the principles you have stated, I just felt it was more confusing than helpful to most readers.

However the thing i have yet to grasp is how do you get paid for jumping in the middle of the deal?

It seems kind of silly to worry about something like this when I haven't even purchased my first property yet, but it's a great thought experiment and helps me grasp some of the challenges of real estate investing.

You'll make more connections and get a better grasp of basic real estate concepts by attending an actual class versus doing it online.

Traditional banks will have to gain a strong grasp of social media in their marketing along with mobile.

It was easy to understand and written at a comprehensive level that I was able to grasp.

Once you have a good grasp on this and moving forward take action to start helping sellers and buyers.There are also many other threads here on the BP forum that discuss the topic.Hope this reply helps and makes sense.

If you want to invest soundly in the Cleveland market or any market you need someone on the ground that is not spread to thin and has a firm grasp of their capabilities to deliver.

Thanks for all the input, again being a newbie, these are things that I need to know and get a better grasp on, so I appreciate it!

I'm no guru, but I think I have a pretty good grasp on the math....here's my process:The 70% rule of thumb is great for giving any deal the "eyeball test".