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Learn the costs of materials, learn how to pull proper comps, learn to inspect a property correctly, and above all learn to trust yourself.I believe that the one reason more people dont get into flipping properties is not because of risk, but instead because of self doubt.

I am glad that I found this site because it appears to have a lot of great information and appears to be a good way to network with others.We have been in business for years and we continue to expand in terms of what we do.

What is the proper method to analyze this situation.

Understanding how to do a proper cash flow analysis isn't only important - IT IS CRITICAL.

I am starting to expand and will be looking to network in St.

I use URLs quite liberally in my posts if I think the URL will help expand on my point.

In this case, obviously I'm not concerned about cash flow but again, believe that out of state is where my resources can be used most effectively and I'm confident that if I approach it properly, this too will be a successful strategy.In short, it may feel less comfortable investing far from home but as someone who has researched opportunities in many different states and dabbled a little, there is definitely potential.

A few requirements include: a) the person must pay taxes on the property for consecutive years, b) the person must use the property for an uninterrupted, continuous period of time (varies by state), c) the person must be in posession of the property openly (not hiding or secretly posessing it), d) the person must have some kind of claim for the title.Given that the proper conditions are met for the state that the property resides in, a person can actually squat on another's property and gain it through adverse posession.Hope that helps.....

Without a proper plan, you're going to be tempted by different directions.