I like the approach of just jumping in and doing a deal, but I also don't see anything wrong with working for someone else, earning a salary, and starting your own deals at a higher level.Here's another component that's unique and pretty cool: The Utah Real Estate Challenge.

I look forward to working with commercial realtors, as I will be building other components of my business in order to assist small business owners to locate and obtain financing for the lease or purchase of their business property.I'm excited, because I just ran across a great article about the SBA 504 loan program, and I'll be reading even more, so I can add value to those business owners that I work with.I have this great community to thank for helping me realize that while I have some lofty goals, and a LOT of work ahead of me, anything is not impossible.

I haven't had this driving desire to master something since I discovered texas holdem.In the short term, i'll be rooting for you folks from the sidelines while i'm working on my communication skills and saving up for my first marketing campaign.

If you sold today, you will have two taxable components.

When I search through the DC real property assessment database I discovered that alot of the vacant homeowners have $10,000+ in back taxes.

Some between 10k-20k in my opinion b/c these have been sitting empty for years and thieves have stripped them of any & all components they can re-sell.Ex) Furnace, duct work, copper plumbing, re-shingling roof, floors repaired & refinished, possibly new electrical if the inspectors are watching you closely (which they WILL BE from the website's verbage), mold and/or asbestos remediation, etc., etc.Then throw in the cosmetics.

My "best" one lately: we had an offer accepted on an REO, and during my due diligence, I discovered that the leeching fields were located on an adjacent property.

Other places treat it like you are trying to pull a fast one.In general, I have been able to profit nicely from both disclosed and discovered unpermitted work.

. :)That being said, I was doing some research online to get HOA info and discovered one of my favorite GCs owns the unit on the other side of mine as a rental and is on the HOA board.

Also, I discovered a major flaw in my math after listening to a BP podcast yesterday (Thanks, guys!)