These days there is so much information on the web, and with the help of sites like this one you will be far better off saving your money.  

There is defiantly a treasure trove of information on this web-site and lots of veteran investors willing to help us.  

I learned so much more by doing than I ever did sitting in a classroom.I took a hiatus from REI and decided to develop web applications for living.

I believe doing this builds credibility and a reputation that is priceless.I'll give an example of a house I put under contract today.  

It takes 20 years to build a reputation and five minutes to ruin it.

One of the problems we are seeing is that many wholesalers do not estimate the repair cost correctly, we have been rehabbing and flipping properties for a while and our contractors do a great job quoting reasonable prices on our properties, but none of them can match the low price that the wholesalers advertise.Another common issue is the ARV, many properties will not bring the advertised value, yes real estate is strong here in Charlotte but investors are not throwing money at any advertised property.BP is full of useful information that help estimate the repair cost of properties and assist in property valuation, listen to the podcasts and read the posts of experienced investors.When estimating repair, we do not deviate from the following:- We get quotes from reputable licensed and insured contractor.- We do not assume that investors will do the repairs themselves.- Online valuation tools do not give an accurate ARV, we consult a realtor.- Property values are going up, but we cant fix a property and hold it until prices go up...The list is much longer, I am sure many our BP readers can add to it, but these are the major hitters.

The only reason I mention this is to show that you should be able to find a reputable person that could do the same for you locally as sometimes you just have to think outside the box. 

Home to ridiculous prices in Seattle, and an unfair reputation for lots of rain.

hello,Does anybody know of reputable hml's on Long Island ??

Every day I am reading investing books, listening to podcasts, and researching all over the web.