Does anyone have any tips for SE Michigan?

J Scott David Karp I am in highschool interested in real estate investing i have attended some seminars and i have been doing research and i would like to know some tips in getting started and if i you can mentor me i am located in Atlanta near the airport.Thanks

All kidding aside someone was about to tell you that there's about a million posts directly below yours that explain wholesaling and that it would have been less effort to read them (or just one of them) than to ask a question like that in a new post.Since we're on the subject, wholesaling is getting a property under contract and then flipping the paper, either through an assignment or a double closing to a cash buyer.

would it benefit him more than me since he has two kids/ does it make a difference?

Thanks everyone for your warm welcome and starting tips!

With people still coming back, (parents that stay in the city they left Katrina for while their children finished high school... people like my mother) i can say that with the distressed home and steadily rising market I see positive growth potential.I am flat broke... but I have been helping my grandparents and living with them during my college years... so i am not this lazy kid who wants to make it over night.

College kids . . . how stupid they were, "didn't you know that sound was water gushing"?

That is the situation better explained.Sarah Bixby and John Thedford thanks for that 1% tip, never know about it....is that 1% return on rental rule supposed to be net or gross ( meaning after taxes and insurance and other expenses)Now the plot thickens.....las afternoon i received a call from my realtor, that the bank is considering another higher offer , and if i would consider give a higher offer.

Then talk to him about reinforcing it and ensuring that no kids can slip through the gaps (if there are any).

Dont get me wrong, I have probably dealt with more good inspectors then bad, but theres always that 1 or 2 who got beat up too much as kids in school.