I'm starting to understand a lot of the core concepts introduced in these wonderful forums and podcasts, and honestly a few questions have come up. 1) I would love to learn a few tactics you use in negotiations when putting a home under contract, and what exactly you do when the deal doesn't go your way.2) How would I determine the basis of what a "GOOD" area of town is perfect for Rehabs?

With marketing, one of the key concepts is to try it, determine the success rate, tweak it and determine the new success rate.

Posts on our main forums rarely go unanswered.Additionally, any post that isn't an ad should really be one that the entire community can learn from, so having it public for all is just a net positive for everyone.Ultimately, while I'm actually saddened by the removal of our groups, I do believe that it is the right move for BiggerPockets.And the site just got a little simpler....

That way, the loan durations are shorter, I don't get loans that I don't need and the whole process is a lot simpler (for me, at least).But again, that's based on my situation, my goals, my strategy, my opportunity costs, my financing options, etc.

It really depends on the notes, the value of the property and some other concepts like payment history and credit, etc.

It's a simple concept made into a more complex strategy for the benefit of gurus, wannabe gurus and others making a business out of working with new investors instead of actually dealing in the dirt.Why would anyone want to find a property and limit themselves to selling to others in real estate, that's just limiting your market!

David Beard I think the B&H "brokering" from distressed to handing over to an investor with a property manager recommendation is a solid concept.

Since the IRS is Federal, and other liens like property taxes are local, the concept of "federalism" comes into play, where none of these gov't levels can usurp the rights and powers of the other levels.

There are professional business licenses provided at the state level for realtors and other professional careers, but are not required for a simple RE investment LLC, which is typically setup to primarily provide a means of limited exposure to assets.

As I said before, most seasoned real estate investors understand real estate, but that doesn't mean they understand the concept of money.