Here's the basic rundown on a potential deal.Couple getting a divorce, husband is drinking/drugging and neither of them are in the house.

These are just basics so to build a foundation. johnmichael: Let me start off with a little introduction, I have been in the business of real estate investing for 20 plus years Using Sub 2, Land Trust, Lease Option, Owner Finance, 1031 exchange, No money down, Using investor funds for purchase and the list goes on.johnmichael: I enjoy working with pre foreclosure homeowners!

But when questioned about the basics; neighborhood comps, ARV, FMV, key points of Deed Of Trust, difference between a Special and General Warranty Deed, etc, etc, they didn't have a clue.

thanx....It's the basic stuff but it still helps reading it.

Basically helps you get into a mindset for becoming wealthy.

Ooh, heated topic :lol: Well my 2 cents as a REALTOR®, I believe Miss Bonnie said it well:As a real estate agent, we perform an awful lot of tasks behind the scenes and incur expenses you may not be aware of:Training[list]Did you know that in most states, Real Estate agents are required to take so many hours of classes each and every year to maintain their license?

interesting threadI retired 10 years ago from my day job, basically leveraging from my property investmentsIt look me 7 years but it was the fact that I jumped into booming markets that made a massive differenceMix this with some small development projects..... this is like investing on steroids, speeds the processI continue investing today and growing capital. 

the basic reason is the higher the comission, the more agents are willing to show over others.

i put a similar clause in my lease, but i really only have it to protect me in case a tenant has misused an appliance or something..i have one tenant for instance, who didn't want to turn the gas heat on, so they used the oven constantly to heat the apartment...no, i wouldn't replace that oven when it burnt out...however, if they're good tenants, it's prob. cheaper to say, "guys, i usually don't do this, but yall have been good to me, so i'm gonna take care of it."

Basically, the AMFI for a particular city is the amount of money that a typical family in that city makes per year.