Everyone was new at one point.To get to the New Member Forum, click on "Forums" in the upper left of the site.

The biggest thing that happened here was an overbuilding of houses (especially in the upper price ranges).

rdinvestor-I am not sure I agree with the statement:One of the great things about having an LLC is that the mortgage will not go against your credit or debt to income ratio on a personal level.

They just stick to loans below a specific level.

Been working with fixer uppers and now trying to move into pre-foreclosures.

Would it be sustainable, profitable on any level?

I may also finish out the basement a bit, make a nice office and a pool table room, and there is already a place to put a staircase from the top level to bottom.

My next venture will probably be doing low level flips, however I'm still studying my market to make sure it won't sit after the rehab.

Currently, a plan for Maps 3 is being laid out that, if approved, could provide for such things as light rail, a new convention center, etc.The crosstown elevated highway is also being torn down and moved south, and a street-level boulevard built in it's place.

Maybe not pure-pure profit as you still have all the other possible costs of buying and selling or wholesaling.The issue is the up front costs and are you really going to get deals worth your time.Like any marketing you really can not tell what will happen until you have run the system for a while (6 months or more).You should try to contact existing members who are paying the fee and see what their results look like.Most successfully RE investors know that different forms of marketing work at some level so it is a cost vs. reward question plus the upfront costs vs. the back end profits (cash flow management).Everyone can find ways to do things on the cheap or cheaper.