As many of you have already heard , Jerry Buss owner of the L.A Lakers basketball team passed away.An interesting thing that I read about him was that he started investing in real estate in 1959 by buying an apartment building in L.A with partners for $1000 of his own money down.

Also, it's a large management team, where I hire a manager, but they back each other up.

I'm wondering what RE knowledge you have, that might be the first thing he looks at.Next, do you have a "team" of pros to go to and advise or hire as needed?

Overall, it's great job and I think Josh and team did exactly what they set out to do - create a definitive guide to all beginning real estate investors.

My friend has told me that they're starting to get pretty nervous about holding onto the property, and I contacted one of the partners (it's a husband and wife team) earlier this week about interest in the property.I don't have any details yet other than it's a 2 bed 2 bath unit in an area that I have scouted and like I don't know yet what the asking price is.

Please make yourself at home here and let us be part of your team.

I do quite a few Lease Options and it is so easy with a good team.

More specifically, how do you feel about, for example, a new agent getting a personal loan from his/her bank in order to "finance" the many costs/expenses.It's something that recently crossed my mind, and it got me to thinking - "if a person did do that, monthly payments would probably be a few hundred dollars a month, which would mean that would really be their only expense, which would mean they'd at the most need a part time job to pay for that as opposed to needing a full time job, therefore having more free time to dedicate to their real estate agent career, therefore better their chances of being successful at it."

@Reginald Hart In that case, be sure to check out the BiggerPockets PodcastsThere are quite a few episodes dedicated to wholesaling that I think you'll love.

I was able to gain valuable experience walking these properties and working with the construction team to estimate cost of rehab and see the entire process through, from rehab to actually packaging the property for sale to investors.