At the same time read up on all the other major forms of investing in RE so you understand the broader market.

Don't forget the exterior- a nice fresh coat with contrasting trim ALWAYS helps curb appeal.Lastly, keep in mind when doing all of these things that IF there is a major issue with plumbing or wiring, or termites, or ?

Or would the number of rentals in a major downturn be greater than the demand, causing rental prices to drop thus potentially causing many properties to go into negative cash flow?

Since these are new units your should be able to avoid major repairs in the first few years.

The majority of TIC Brokers are NOT licensed by both, they are either licensed by the NASD if they are selling TIC investment properties as securities or they are licensed by their states real estate department if they are selling TIC investment properties as real estate.

We treat then at our pleasure or error.I think that at least 2 majors will restate their earnings and there is more blood to flow.I personally know of 2 top 20 ML's who currently dispose of REO's via on line sites who, because of uncontrolable volume are considering trying bulk purshase, small initially but .....A third person I/we work with is personally aware of a significant 3rd I am aware of at least one other to my comfort.I don't wish to argue all the good stuff you chaps articulated.

If you don't understand the business, you will almost certainly lose a bunch of money and fail like the majority of newbies.

Hello,my name is Nick.I am from Evansville,IN.I am an aspiring rehabber.I work for a major automotive manufacturer.I have a wife and two kids.I love working with my hands.I bought my first house for 61.5 two years later after finishing 300sqft. in the basement I sold it for 82.5.I work nights and don't see my family very much during the week.My goal is to rehab on the side until my wife graduates with her nursing masters (3yrs) and I will then pursue real estate full time or if I can double my salary in one year from rehabbing,I will do it full time.I am very excited about doing something that I LOVE.I have been to other sites and have read johns post for the last 2 months on steve's site.This one however is the best.Thank you I look forward to talking with you all.

Obviously, in terms of the "Big Picture" there has been a crisis of secondary market confidence with regard to the enormous increase in borrower delinquencies and pending or actual forecclosures which has led to a major culling of the ranks of wholesale mortgage lenders... now probably close to 125 lenders who have closed up shop within the past 5-6 months.Actually, many of those lenders were little more than "Super Brokers" in that they relied upon warehouse credit lines or correspondent relationships with "Big Brother' lenders.It's somewhat analagous to our belief in the notion that a $100 bill is actually worth $100.

My major is Real Estate and I'm very excited to learn more and more about this industry.I have for some reason always been intrested in Real Estate, especially the commercial aspects and "flipping houses".