I read your blog on one of your back to back closing transactions and it looks like it was a pretty smooth transaction; once you got the correct players in place.

What red tape should we look out for?

Keeping with the higher margins will allow us to have a back-up for these potential additional costs to sell/holding costs and keep us from getting into the red on any one flip.Does anybody else have similar market condition changes in your local markets?

start by going to local re club and meeting the major players that are actively buying, find out what they want and get it for them; collect a fee for finding deals and get all the knowledge you can on areas and whats a good deal and whats not; you will have to find the deals which means you will have to try different marketing methods to get sellers calling you; as you do this and are learning from these guys, you will eventually learn how to do a deal yourself at which point the sky is the limit

It's an industry.But, for $30 after a year, I'd bet on Red.

But I just watched as a nondescript red minivan slowly pulled forward.

All of the players want to get paid for their time though!

More and more red flags keep popping up!

These networks are best built by getting into the game and seeing who the players are...or identifying who wants to be a player.

Initially, the land owner tried to flip the land using a prestigious national real estate brokerage that marketed the property with a glossy aerial photograph, a large red line outlining the parcel for sale, a few ground level photographs, zoning information, a list of permitted uses, allowable FAR and the new price - $35 million.