I'd be way ahead of the game if someone just told me year ago that's how to get rich.

I think it's important to know the value of a property and what margin of profit you need to make and then to make offers on the properties that make the best sense for you within the established parameters.The number of offers you make isn't nearly as important as the quality of them and whether you get responses or not.

I know it might not be cheap, but if you can see the actual place you get your product from you can tell if it is an established business or a fly-by-night company.

Now that I have established my business at this level my risk tolerance has dramatically decreased.

I know I'll get laughed out and booted out the door, but it's a numbers game right?

It really is a memory game.

Reading through some of the past postings can really help with understanding this whole real estate game.

That is, there is not necessarily a rule for amount of option fee or monthly rent - it's whatever the market will bear.If the renter exercises the option, you would have already established the purchase price when you setup the contract.

I think it's just going to be a numbers game until I find a deal that will fit.

can anyone recommend an established, networked, regular meeting REI club in South OC that they have personal experience with?