I have been around real estate my entire life.

Many people think a good deal only happens once in a life time, once in a decade, once in a year.

Take the lumps, get rid of this albatross and move on with life.

As far as I am concerned, there is 80%+ that just go through life in a fog, can’t think or make a logical conclusion with a road map and wonder why things are going badly for them.

We have to first get a dwelling permit, which requires an inspection by the health dept nazi's, then we have a yearly inspection after that for the cost of $84.

As I said, I live life on my terms...not anyone else's.

I would not go as far as to say that flipping, rehabbing, etc is not investing, but Tracey makes some very valid points and I agree.Buy and hold is the single most reason of wealth creation and when done correctly. can provide not only the net worth aspect, but a passive income stream for life whereas flipping and the like require an onging effort to retain an income stream.I think it is the very best way to start, although I also agree one should do a few "flips" (which can be a wholesale deal, sell a contract, rehab project, etc.) to gain some capital for buy and hold acquisitions and reserve accounts.

Anyways, sorry for dragging everyone into my mid-life soul searching crisis.

:shoot: We lose a lot of buyers to others who market garbage, but I am in this for the long haul, and work hard to create clients for life!

Randal Your not going to like my input buy just the same...Yea in theory the deal you want can and I'm sure does occur, however so many things are out of your control and can back fire.I like cut and dry, I don't like the idea of messing with someones life as someone ties their deed up offering a solution that may or may not work out for them.