It's not a motivational book, but rather one that's designed to teach you how to interpret pro formas and how to do and understand key calculations that are essential for success in real estate investing.And for fun I teach once each year at Columbia in their Master of Science in Real Estate Development program.I've been in the real estate software business long enough to have learned that there's no point in trying to sell people analysis software if they don't have a good grasp of the financial concepts that underly real estate investments.

It seems like at every sales meeting I attended some newbie was there trying to impress the President and Sales Manager with some new design business card; US Flag, American Eagle, Metallized, picture of kids, you name it-someone's already done it.Once at one of these meetings a District Manager got tired of all the wasted time and effort and told everyone to get out their card and pass it forward.

Credit cards are essential to building a credit history but too many credit cards do not build credit history faster.

He said,The essential problem is that property management is not part of accounting; accounting is part of property management.

I didn't mention that the home is in a decent, established neighborhood, in a good school district.

The version I read involved some guy that was 'wholesaling' properties in upstate new york to buyers sight unseen.I believe the storyline went that the properties were misrepresented and the buyers were essentially screwed out of their money.

Of course, that 75% must include the cost of the loan (usually 4-7 points and 12-15% interest-only for 6 months) which essentially brings it down below 70%, but it works if you want no money out of your own pocket.

I would have posted the email here had I known about posting deals.I'm putting address and everything if you guys want to check the property out on Zillow and the local appraisal district (www.elpasocad.org//mainsearch.php?

What I've been told is that the seller can't move out until after closing because he essentially needs the money to move out.

The investor is essentially looking to the wholesaler to come up with something that he/she has not seen or found anywhere else.