We have been in business for a little over 3 years, and we also own and maintain a forum on the net that is used for anyone involved in the Cash Flow Business to network with one another, ask questions and receive answers, etc.

Terry,Success in the rental business involves exactly the same elements as success in any other business; including wholesaling, rehabbing, farming, running an auto company, running a fortune 500 business, etc, etc, etc.

Typically, a lease option would not have enough option money involved to cover their commissions.

In addition, you need to consider the total dollars involved.

Usually, the seller is notified that you have an end buyer to assign the contract to.Often times, if your PSA involves debt financing, the seller will stipulate (if they know what they are doing) that they must approve your end buyer who you are assigning the contract to.

Call a bunch of title companies and ask them, they would know.You might or probably will get a lot of title agents have no clue what your talking about so they'll be like, "whats your number and I'll get back to you"if those words are mentioned, either hang up and call another title company or ask them if they can do WRAPS.Wraps are very similar to Sub2s and there is a chance that a title company will understand that.If they tell you NO you cannot do those transaction here in NM, ask them for the proof that you can't or refer you to their legal department to have them explain why it is not legal whether they call it a Wrap or Sub2You could also contact the Attorney Generals office, but your not going to get any straight answers there unless you can find an article or press release relating to Subject to's or 'creative acquisitions in real estate' detailing certain laws that they will most certainly cite in those press releases/articles.What ever you do, do not go to the department of Real Estate or any other agency that is obviously funded and structured for Realtors b/c they will tell you anything outside a standard typical transaction involving an Agent is illegal.Hope that helps

I am located in NYC, and would like to get involved with a good local REI group or maybe even a few.

I want to get involved with the web as well, but I don't have much experience.

Keep the neighbors involved by giving them your card and letting them know that if they see anything out of order to give you a call.I would really love to see the numbers on this place because you might be wasting your time if it does not CASH FLOW.

What kind of wholesaling are you involved in?