I rarely read advice from brokers or read any reply that starts off criticizing wholesaling.

In this way, the appraisal can be a critical aspect of a deal.

There are two negative things that happen when you fail to set a hard list price at the outset of the project, the first is a lack of discipline, the second is recency bias that obfuscates critical factors.

What ever you read, be very critical of the author's credentials, someone saying they have been in the business a thousand years really isn't a qualification, neither is saying the bought 10 billion in notes and made a 100 million.

The lower the income may be the more critical or server the issue becomes.There are many aspects to predatory dealing.

By the way, talking about putting America at risk, Darth Vader himself criticized Obama recently for following through the deal with Iraq pullig US troops from the Iraqi cities.

All thoughts and criticism are appreciated.

Your biggest critics will always be your friends and family in the beginning.

It is clear that you have done well with some solid strategies of using leverage, buying the right properties (at the right time in your market, it appears), trading up wisely, and letting professionals manage your property.In your dismissal of the concept of a self-directed IRA or Solo 401(k) and your “worry” about postings on this topic, however, you miss a very critical point, which is the dramatic reduction in original capital available to invest with that comes with your strategy.You took $50K from a 401k and were left with $35K to use as a down payment.

Not a wholesaler myself, but I know that consistency in your marketing and in your daily actions is critical.