The biggest lesson I have learned since moving to a new area, is how incredibly different real estate markets can be!

Although many of these law firms and loan modification companies have failed miserably in their attempt to “slay the banks,” many of them have been very successful in collecting upfront fees from borrowers facing foreclosure.We recently were approached by an individual who is seeking a hard money loan to buy an investment property.

If a realtor approaches you with a buyer, you should sign a single transaction listing agreement.

I feel like I am approaching real estate different from an investor who relies solely on rental cash flow.I am okay giving up some cash flow because I am more interested in mortgage pay-down/tax benefits/appreciation.Am I mentally approaching this wrong?

Usually a loan officer will speak off the record, don't approach them so much as a bank officer, they clam up quickly.6.

I hear apartment buildings and some people think duplex,tri-plex,quad.I define it as 5 or more units for commercial purposes that will use the income approach as compared to the comparable sales approach and commercial financing versus traditional lending.Each size of building and units will have various things to analyze.You first need to define how much money you have to actually get started and that will determine to an extent what size you start out with among many other factors.

It was very commonly used in Florida during the real estate boom.It baffles me that drywall (which is extremely heavy) could be produced in China, shipped here, and then sold for a profit.Rob K, I work in Logistics and when I first started I was incredibly surprised to find out how cheap ocean freight actually is, which made a lot of things make more sense.

i guess i'm one of the blind sheep that follows the pack...i agree permits are a pain and a ridiculous fee that the government mandates...however, they do serve a purpose...i didn't see if you specified who ran the sewer line..my understanding was the seller himself did it...that's a different story than having a licensed plumber do it on a weekend and not pulling the permit (not advocating this approach either, just separating possibilities).

I have not spoken to any banks or private money yet but I know these are important metrics that need to be figured out before I approach them.

David,Amazing flip, looks incredible great work and congrats on the numbers!